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Top Stories

Shorter community charter process, second mortgage rule voted

The National Credit Union Administration on Thursday approved a proposed rule that would revise the NCUA's community chartering policies and more clearly outline the parameters of a community chartered credit union.... More

CUNA continues push for alt capital

Noting that the issue continues to be a priority for many credit unions, the Credit Union National Association (CUNA) pushed its efforts to get the Obama administration on board with the idea of alternative sources of capital for credit unions.... More

FFIEC plans reverse mortgage guidance for CUs, banks

The Federal Financial Institutions Examination Council in proposed guidance released this week advised credit unions and other financial institutions to "provide adequate information" and "qualified independent counseling" for consumers that opt to take part in reverse mortgage products.... More

CBS Early Show, other media give boost to CUs

Is it time for consumers to dump their banks? That's a question the CBS Early Show posed to consumers in a highly positive Thursday story about credit unions.... More

WOCCU expands Islamic CUs in Afghanistan

The U.S. Agency for International Development has awarded World Council of Credit Unions $60.5 million to expand financial services in southern and eastern Afghanistan.... More

Mass. CUs weather cold to build home for injured vet

Despite freezing temperatures, hundreds of volunteers, including many from Massachusetts area credit unions, joined the Homes for Our Troops "Build Brigade" Dec. 11-13 in Middleboro, Mass., to build a home for an injured vet.... More

Spending, '10 economic forecast on H&FF Radio

Sunday's H&FF Radio program provides guidance for starting the new year debt-free and previews the economic forecast for the coming months.... More

Obama honors CUNA 's 75th, CUs' member service

Sending "greetings" to CUNA in recognition of its 75th year of service, President Barack Obama congratulated credit union employees "for their dedication to excellence in their work." ... More

CUs among Hill's 'top 10 lobbying triumphs'

CUNA's and credit unions' political advocacy efforts are listed among The Hill's 2009 "Top 10 lobbying triumphs." They even topped Google and AARP on the list.... More

Filene to CUs: Focus on consumer-friendly cards

As larger financial institutions find ways to get around the new rules imposed by the Credit Card Accountability, Responsibility and Disclosure (CARD) Act, a Filene Research Institute report has recommended that "credit unions should re-focus on their traditional consumer-friendly cards as a differentiator to for-profit entities."... More