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Federal Reserve releases interchange proposals

CUNA President/CEO Bill Cheney offers his analysis of Fed proposals and also writes a letter to Fed Chairman Ben Bernanke.... More

NCUA issues guidance letter for corporate CUs compliance

Noting that next year will be a “critical period for corporate credit unions,’’ the NCUA issued a guidance letter detailing their compliance obligations under the new corporate credit rule approved by the NCUA Board in September.... More

NCUA passes financial literacy requirement for CU directors

The NCUA Board this morning approved a new financial literacy rule for the nation's 75,000 volunteer credit union directors requiring for the first time that each director obtain a minimum ability to read a credit union income statement and balance sheet.... More

Cheney: CUs back interchange caution

CUNA President/CEO says in blog that credit unions stand behind allowing more time for consideration for interchange fee proposal.... More

CUNA seeking credit union input on NCUA's proposed one corporate rule

CUNA said Tuesday it is seeking CU input on various aspects of the proposed rules put forward at NCUA’s November meeting and wants the credit union remarks by Jan. 14 in light of NCUA extending public comment period through Jan. 28.... More

Southeast Corporate announces new business plan

Southeast Corporate CEO Brad Miller says Town Hall meetings on the plan are scheduled for 2011. ... More

Shelby, other key Senators support credit union position on interchange regulations

Ranking Minority Member on the Senate Banking Committee agrees that government shouldn't fix prices in any venue. ... More

Matz tells Senate Banking Committee that the NCUA took decisive action

Chairman Debbie Matz asks Senators to quickly approve amendments that are pending. ... More

NCUA offering a webinar on troubled debt restructuring

The webinar will be hosted by board member Gigi Hyland Jan. 6. ... More

Alabama Rep. Bachus to head House Financial Services Committee

The Republican Steering Committee announced that credit union supporter Rep. Spencer Bachus will head up one of the key committees in Washington. ... More

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