he Wisconsin Office of Credit Unions liquidated Wausau Postal Employees CU of Wausau, Friday and appointed the National Credit Union Administration as liquidating agent.... More

The American Bankers Association and the New York Bankers Association have filed an amicus brief in Hudson Valley FCU's legal challenge against New York state's mortgage recording tax. The banking associations argue that federal credit unions should not be exempt from paying the state tax.... More

Biz Kid$, the credit union-funded public television series that teaches kids about money management and entrepreneurship, has received Daytime Emmy nominations in three categories from the National Academy of Television Arts & Sciences.... More

CUNA Mutual Group has issued another risk alert to its policyholder credit unions on the Global Payments data breach. ... More

Rep. Cliff Stearns (R-FL) has added his name to a growing list of Florida legislators supporting H.R. 3461, the Financial Institutions Exam Fairness and Reform Act.... More

Young credit union members deposited about $21.3 million into their share and savings certificates during this year's National Youth Saving Challenge, sponsored by CUNA.... More

The National Credit Union Administration announced that cease-and-desist orders have been filed against Francis Lee and Joseph Herbst, both formerly affiliated with U.S. Central FCU (U.S. Central) , located in Lenexa, Kan.... More

The Government Accountability Office (GAO) has informed the National Credit Union Administration (NCUA) that the agency has satisfied GAO's recommendations that the NCUA Office of Inspector General review the agency's loss estimates regarding the legacy assets of some of the corporate credit unions.... More

The Eliminate Privacy Notice Confusion Act (H.R. 5817), which is intended to cut the regulatory burden on credit unions and other financial institutions by limiting requirements on privacy notifications, was introduced on Friday and is strongly supported by CUNA.... More

With members of the U.S. House returning to their home districts for the Memorial Day district work period during this week's National Small Business Week, CUNA Senior Vice President of Legislative Affairs Ryan Donovan said it is imperative that credit unions continue to communicate the help that they could lend to a still-recovering economy if member business lending cap increase legislation were enacted.... More