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Top Stories

Appeals court upholds NCUA's foreclosures from defunct CUs

An appeals court in Florida has upheld a decision allowing the National Credit Union Administration's foreclosures of 17 homes involved in distressed land deals made by defunct Huron River Area CU in Michigan.... More

Rules on mortgages fees, origination in the works, CFPB says

The Consumer Financial Protection Bureau this week previewed upcoming mortgage rulemaking, hinting that rules regulating mortgage origination points and fees, and addressing mortgage loan originators' qualifications and compensation, are under development.... More

CUNA calls for NFIP action in letter to Congress

The National Flood Insurance Program is scheduled to lapse at the end of this month, and CUNA this week urged members of Congress to "extend the authority of this crucial program or pass comprehensive reform" soon to ensure that NFIP coverage continues.... More

H&FF Radio: Spotlight on new grads and youth

Sunday's Home & Family Finance Radio program covers challenges facing new college graduates and youth financial education.... More

Credit unions tell Congress that regs are overwhelming

Terry West, VyStar CU CEO, along with five other witnesses, told a subcommittee too many regulations are threatening their existence.... More

CUNA estimates 1 million new members in first quarter

March estimates from CUNA show that credit unions continue to reap the benefits of Bank Transfer Day.... More

LSCU announces recipients of 2012 LSCU Awards

The League recently recognized professionals, volunteers, and credit unions that have made outstanding contributions to the development and growth of the credit union movement in Alabama and Florida.... More

CUs' assets hit an eye-popping $1 TRILLION

Credit unions in the U.S collectively reached a major milestone--$1 trillion in assets--as of the end of March, according to the CUNA monthly sample of credit unions.... More

Co-ops, CUNA hosted at White House

CUNA representatives will be among the 150 cooperative leaders, representing every cooperative sector across the country, meeting today with White House policymakers to discuss how co-ops are aiding the ongoing economic recovery, creating new jobs, and investing in their communities.... More

AEA FCU continues to improve, NCUA reports

The financial condition of AEA FCU, Yuma, Ariz., continues to improve under National Credit Union Administration conservatorship, the agency reported, noting that the credit union posted $839,096 in income in the first quarter of 2012.... More