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Top Stories

Matz responds to CUNA urging to help CUs bear NCUSIF costs

Responding to CUNA's urging to help credit unions deal with unprecedented National Credit Union Share Insurance Fund costs, Debbie Matz wrote that the National Credit Union Administration will look at the operating level target in the Fall.... More

Filene report: CUs inspire more loyalty

Credit unions consistently and significantly outperform banks in key areas including: quality of support, value, ease of conducting business and products and services, according to the Filene Research Institute.... More

Comments in, legacy assets loom behind discussions

While the National Credit Union Administration has received and is currently reviewing comment letters related to its proposed changes to the corporate credit union system, the issue of legacy assets remains unresolved. ... More

Senate Banking to start reg reform votes today

The Senate Banking Committee later today will hold its first markup session on Chris Dodd's (D-Conn.) financial regulatory reform legislation.... More

Governor signs FI-oversight bills in Wash. state

Washington Gov. Chris Gregoire signed two bills designed to strengthen the regulation of the state-chartered credit unions and banks.... More

Time magazine reports Bethpage's tips for small-biz

A Bethpage FCU executive told Time magazine that there are some alternatives business owners should consider when putting up their personal assets to get a loan from a financial institution.... More

Three banned from CU work

The National Credit Union Administration issued orders prohibiting the following individuals from participating in the affairs of any federally insured financial institution.... More

U.K.'s co-op/CU bill receives Royal Assent

A key British credit union bill that would allow credit unions to serve more people left underserved by the global financial crisis and to mobilize secondary capital has received Royal Assent, according to the World Council of Credit Unions.... More

MBL legislation adds another Florida Congressman

Federal MBL legislation continues to gain co-sponsors. Another member of the Florida delegation signed on bringing the total number to 7 from the state. ... More

Check fraud alert for southeastern credit unions

Credit unions in the southeast part of the United States should be on the watch for a possible check fraud scheme. ... More