Oregon Gov. Ted Kulongoski Monday signed a bill that lifts the $250,000 cap on the amount of public fund deposits Oregon credit unions can receive from municipalities. The bill will be effective Jan. 1, 2013.... More

With Congress away from Washington until April 12, the central front for member business lending advocacy has shifted to individual districts. ... More

The 2010 Census questionnaires are out and while many members may have already mailed their questionnaires back, the Census Bureau is asking credit unions' assistance in encouraging stragglers to send in their forms and helping others get a questionnaire.... More

A Minnesota bill that would have given credit unions and community banks a preference to receive state deposits has been withdrawn by its sponsor, Rep. Tim Mahoney (DFL-St. Paul). However, the overall issue is still alive in several forms, according to the Minnesota Credit Union Network.... More

A U.S. District Court judge in Alabama Thursday set the trial date--Dec. 6--in Corporate America CU's lawsuit against individual director defendants of U.S. Central FCU.... More

The U.S. Treasury's Community Development Financial Institutions Fund this week announced that it will hold a pair of conference calls for potential applicants to its Capital Magnet Fund.... More

Despite tight budgets from the economy and the escalating costs of providing health care coverage, credit unions continue offering this prized employee benefit, according to CUNA's recently released 2010-2011 Credit Union Staff Benefits Report.... More

Credit unions worldwide have weathered the global financial crisis better than larger, for-profit counterparts and have helped stabilize and counter-balance inherent weaknesses in many countries' financial services systems, a World Council of Credit Unions delegation said Monday in meetings with Basel Committee members addressing pending revisions to the Basel II capital accord. ... More

Florida CFO and Democratic candidate for Governor Alex Sink this week became the latest public official to endorse increasing the cap on member business lending for credit unions.... More

Credit union supporters can nominate individuals and organizations for the 23rd Annual Herb Wegner Memorial Awards to be presented by the National Credit Union Foundation.... More