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Top Stories

CUNA to FDIC: Increased MBLs can address bank credit gap

The Federal Deposit Insurance Corp. (FDIC) is conducting a forum today to explore ways in which credit can be made more accessible to the small business sector. The session will bring together policymakers, regulators, small business owners, lenders and other stakeholders to identify key issues and focus on solutions, according to an agency announcement.... More

Supreme Court's bankruptcy ruling a 'positive for CUs'

Tuesday's 8-to1 ruling by the Supreme Court of the U.S. in favor of a creditor who contested a bankruptcy filer's disposable income deduction is a "positive for credit unions" or any creditor of unsecured debt in a Chapter 13 bankruptcy, according to Michael Edwards, Credit Union National Association (CUNA) counsel for special projects.... More

Still time to sign up to see CUNA's Bill Cheney in Florida

The final three LSCU Town Hall meetings with CUNA President/CEO Bill Cheney are Thursday and Friday in Florida. ... More

Credit unions benefit through unity and cooperation with the LSCU

As credit unions navigate 2011, unity and cooperation with the LSCU will help Southeastern credit unions speak with a louder voice. ... More

Birmingham office closed Monday Jan. 10 due to weather

A storm that is hitting a large part of the south has forced the closure of the LSCU's Birmingham office. ... More

4th quarter Signal Magazine now online

The 4th quarter edition of Signal magazine focuses on how credit unions are operating in the new norm through unity and cooperation. ... More

CU reps swarm D.C. as 112th Congress begins

At the Credit Union House, CUNA President Bill Cheney greets credit union representatives from around the U.S. who were in town for the kick off of the 112th Congress on Wednesday.... More

CUNA provides roadmap for reduced regulatory burden

CUNA sent a letter to Rep. Darrell Issa (R-Calif.) stating how the 112th Congress can help lessen the regulatory burden faced by credit unions.... More

NCUA applies salary freeze to part of work force

The National Credit Union Administration (NCUA) said yesterday it will apply President Barach Obama's recent executive-ordered federal pay freeze to those agency employees whose salary increases were not negotiated under existing union contracts. These employees' salaries will be frozen, NCUA Chairman Debbie Matz said, "and we will reduce our budget accordingly."... More

2010 bankruptcies up nine percent over 2009

Personal bankruptcies increased nine percent to more than 1.53 million in 2010, according to the American Bankruptcy Institute (The Wall Street Journal Jan. 3).... More