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

Sunday's Home & Family Finance Radio program provides guidance for new college graduates.... More

In October, a new Maryland state law requiring credit unions and banks to report suspected financial exploitation of Marylanders age 65 and older, or face a penalty, will take effect.... More

A final version of new Troubled Debt Restructuring rules and Regulatory Flexibility program changes will be the lead items on the agenda when the National Credit Union Administration holds its next open board meeting at 10 a.m. ET on May 24.... More

CUNA strongly supports Sen. Mike Johanns' (R-Neb.) introduction of legislation that would ease current ATM fee disclosure regulations, which "will protect credit unions and other ATM operators from frivolous lawsuits while at the same time maintaining important consumer protections," CUNA President/CEO Bill Cheney said.... More

A proposal to allow more credit unions and local banks to accept city deposits from Portland, Ore., was passed into law Wednesday on a 5-0 vote by Portland city commissioners.... More

An Ohio House committee on Tuesday killed an amendment that would have made the state's credit unions eligible for deposits of public funds.... More

A new column on the Huffington Post website from CUNA President/CEO Bill Cheney offers small business owners five suggestions for dealing with Capitol Hill and explains them in the context of the current effort to raise the cap restricting member business lending. Huffington Post is running the column just ahead of National Small Business Week, which starts Sunday. And an excerpt from the column, including a call to on the U.S. Congress to increase the MBL cap, was picked up by the San Francisco Chronicle. ... More

The chief investment officer at the now defunct Western Corporate FCU and the National Credit Union Administration have entered a settlement agreement in the lawsuit over the mortgage-backed securities losses that WesCorp experienced before its collapse.... More

In a letter to House Ways and Means Oversight Subcommittee Chairman Charles Boustany (R-LA), Credit Union National Association (CUNA) President/CEO Bill Cheney indicated that the credit union tax status allows affordable choices.... More