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Top Stories

OFR warns of fraudulent letter circulated in Florida

Credit unions should be aware of a counterfeit deposit acceleration letter from OFR asking for a financial transaction.... More

$250,000 NCUA share insurance protection now permanent

The Dodd-Frank Wall Street Reform and Consumer Protection Act includes provisions making permanent the current $250,000 maximum federal deposit insurance level, which had been temporary until December 31, 2013.... More

Spanish Immersion scholarships available

The LSCU is offering scholarships to credit unions that are interested in attending the Spanish Immersion program in Costa Rica. ... More

Scam targeting Southeast card holders

Credit and debit card numbers are being stolen from gas pumps in the Southeast after thieves use Bluetooth technology. ... More

Obama signs financial reform bill

President Obama signed reg reform legislation into law on Wednesday.... More

Senate passes financial regulatory reform bill

The U.S. Senate voted for the final passage of the regulatory reform bill.... More

Action Alert on MBL: Likely delayed action gives credit unions more time to seek support

CUNA and LSCU have received reports that it is likely the Senate may delay action on the bill, possibly until after the August recess. Credit unions have been asked to voice their support of this amendment by calling their Senators.... More

Mutual Savings Credit Union out of conservatorship July 31

After one year in conservatorship, Mutual Savings Credit Union in Birmingham was informed it will be released July 31, 2010.

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Home buyer tax credit deadline extended through September

Credit unions that are making mortgage loans should let members know that the home buyer tax credit has been extended into September.

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CUNA's Cheney informs Congress MBL amendment good for businesses

CUNA CEO Bill Cheney calls the banking industry's opposition to the amendment "stunning hypocrisy." ... More