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Desjardins state lawmaker award presented to Pa. legislator

Pennsylvania State Rep. Mark Longietti was presented with the CUNA's Desjardins Financial Literacy Award for State Lawmakers at the Pennsylvania Credit Union Association's Annual Convention & Exposition in Pittsburgh.... More

Wausau (Wis.) Postal ECU assets/liabilities purchased by CoVantage CU

he Wisconsin Office of Credit Unions liquidated Wausau Postal Employees CU of Wausau, Friday and appointed the National Credit Union Administration as liquidating agent.... More

Bank associations file amicus brief back mortgage recording tax

The American Bankers Association and the New York Bankers Association have filed an amicus brief in Hudson Valley FCU's legal challenge against New York state's mortgage recording tax. The banking associations argue that federal credit unions should not be exempt from paying the state tax.... More

Biz Kid$ receives three Emmy nominations

Biz Kid$, the credit union-funded public television series that teaches kids about money management and entrepreneurship, has received Daytime Emmy nominations in three categories from the National Academy of Television Arts & Sciences.... More

CUNA Mutual updates risk alert on Global Payments breach

CUNA Mutual Group has issued another risk alert to its policyholder credit unions on the Global Payments data breach. ... More

Exam Fairness legislation adds another co-sponsor

Rep. Cliff Stearns (R-FL) has added his name to a growing list of Florida legislators supporting H.R. 3461, the Financial Institutions Exam Fairness and Reform Act.... More

Saving challenge: 125,867 youths deposit $21.3M

Young credit union members deposited about $21.3 million into their share and savings certificates during this year's National Youth Saving Challenge, sponsored by CUNA.... More

C-and-Ds ordered for two former U.S. Central figures

The National Credit Union Administration announced that cease-and-desist orders have been filed against Francis Lee and Joseph Herbst, both formerly affiliated with U.S. Central FCU (U.S. Central) , located in Lenexa, Kan.... More

NCUA meets GAO's 'loss estimate' recommendations

The Government Accountability Office (GAO) has informed the National Credit Union Administration (NCUA) that the agency has satisfied GAO's recommendations that the NCUA Office of Inspector General review the agency's loss estimates regarding the legacy assets of some of the corporate credit unions.... More

Privacy notification bill introduced in House

The Eliminate Privacy Notice Confusion Act (H.R. 5817), which is intended to cut the regulatory burden on credit unions and other financial institutions by limiting requirements on privacy notifications, was introduced on Friday and is strongly supported by CUNA.... More

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