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Top Stories

MBL bill expected in the House this week

This House version is expected to be introduced by Reps. Ed Royce (R-CA) and Carolyn McCarthy (D-NY). ... More

House to roll out MBL cap lift bill this week

A House version of legislation that would lift the credit union member business lending (MBL) cap to 27.5 percent of total assets will be introduced this week, with Reps. Ed Royce (R-Calif.) and Carolyn McCarthy (D-N.Y.) serving as the leading co-sponsors.... More

Alabama State GAC concludes with lawmaker visits

The second day of the Alabama State GAC also included a roundtable with Herb Yolles and Larry Morgan.... More

Alabama State GAC has successful first day

Attendees heard from legislators, CUNA's Ryan Donovan and LSCU staff. ... More

Sens Nelson and Sessions sign on to Interchange legislation; as do Reps. Hastings and Rivera

Credit unions in Alabama and Florida received a lift after four members of Congress signed on to House and Senate legislation. ... More

LSCU State GACs offer free pre-conference financial literacy training

Federal credit union directors can become compliant with the NCUA before either State GAC gets underway. ... More

Ads running in Alabama and Florida against the Durbin Amendment

Beginning this week, the Electronic Payments Coalition (EPC), with support from the LSCU, CUNA, America's Credit Unions and state Banker's Associations, began running ads across the country informing consumers that debit card fees may be raised because of the actions of Congress.... More

CUNA encouraged by Bernanke interchange pledge

The Credit Union National Association (CUNA) on Thursday said it is encouraged by Federal Reserve Chairman Ben Bernanke's pledge to ensure that a planned interchange rule carveout for small issuers is effective, but CUNA also emphasized the continued need to press for legislation to delay implementation of the overall rule.... More

The NCUA targets banks over credit union bond losses

Federal regulators are blaming Wall Street's biggest firms for the collapse of five institutions at the heart of the nation's credit-union industry and are seeking to recoup tens of billions of dollars in losses on securities that doomed the five.... More

Submit nominations for LSCU and CUNA awards

Credit unions have until Apr. 15 to submit nominations for LSCU Awards, as well as the Dora Maxwell, Louise Herring and Desjardins awards. ... More

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