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Top Stories
"We survived. The building has not." That's the start of a dispatch from the World Council of Credit Unions' team leader for its project in Haiti. ... More
Sen. Charles Schumer (D-N.Y.) this week reiterated his support for increasing the member business lending cap for credit unions, telling a group at Cortland, N.Y.'s CFCU Community Credit Union that in 2010 he must "focus" on increasing lending to the small businesses that "are the lifeblood" of the American economy. ... More
CUNA's Washington, D.C., and Madison, Wis., offices will be closed Monday in observance of the Martin Luther King Jr. holiday. News Now will not publish a Monday edition but will resume regular publication on Tuesday.... More
This month, CUNA's Compliance Challenge addresses overdraft fees, for instance asking if newly proposed Regulation E overdraft rule allows credit unions to charge a negative balance fee when a member's ATM/debit card overdraft leads to a negative balance for a long period of time.... More
The U.S. Census Bureau wants credit unions to know that data collected from the census and the American Community Survey will affect them because the census helps determine the distribution of federal funds. The bureau is encouraging credit unions to urge their members fill out the questionnaires.... More
Sunday's H&FF Radio program examines the Earned Income Tax Credit, loan modification scams, the state of the mortgage foreclosure market and how your financial "temperature" compares with others.... More
The credit union movement began stepping up to the plate and in two days last week contributed $142,000 to disaster relief efforts for Haiti's 175 credit unions, their staff and volunteers and members affected by the Jan. 12 earthquake.... More
The World Council of Credit Unions' team in Haiti, led by program chief of party Greta Greathouse, has continued its efforts to regroup in the wake of the Jan. 12 devastating earthquake.... More
Guidance to federal examiners to "look beyond financial ratios" to determine a credit union's financial conditionand particularly when examining a low-income or community development credit unionwas issued late Friday by the National Credit Union Administration.... More
The U.S. Treasury Department's Community Development Financial Institutions Fund last week certified five credit unions and one credit union service organization as CDFIs.... More












