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CU comment sought on NCUA annual reg review

Each year, the National Credit Union Administration reviews one-third of its regulations to identify any rule or provision that it deems "outmoded, ineffective, insufficient, or excessively burdensome," and CUNA has asked credit unions to share their concerns regarding the NCUA's 2012 regulatory reform list, which was released earlier this year.... More

Federal Reserve Board releases study on interchange fees

The Federal Reserve's interchange study, as required by the Dodd-Frank Act, was released early on May 1.... More

Lawsuits, breaches top News Now's Top 10 April stories

ATM fee notification lawsuits and new data breaches dominated the top 10 News Now stories for April.... More

NEW: Fed releases interchange survey

WASHINGTON (UPDATED: 12:30 p.m. ET, 5/1/12)—The Federal Reserve's interchange study, as required by the Dodd-Frank Act, was released earlier today.... More

CU Online changes detailed in May 15 webinar

The National Credit Union Administration is offering a free webinar scheduled for May 15 that will outline changes the agency intends to make to its Credit Union Online system will answer questions from credit unions about the innovations.... More

First Carolina Corporate reports strong financials

First Carolina Corporate CU in Greensboro, N.C., reported 2011 earnings of $5.2 million--more than twice its original budget projections.... More

IRS changes to FATCA burden CUs: CUNA

U.S. credit unions should not be subject to any of the Internal Revenue Service's recently proposed changes to Foreign Account Tax Compliance Act regulations, as the compliance burdens and overhead costs credit unions would face as a result of these proposed changes would far exceed any benefit to the IRS, CUNA said in a Monday comment letter.... More

Budet elected by acclamation to CUNA Board

Tony C. Budet, president of University FCU, Austin, Texas, has been elected by acclamation to the open CUNA Board seat in District 5, Class 5, CUNA announced Monday.... More

New NCUA economic YouTube video now available

The NCUA Chief Economist John Worth talks about how an improving economy impacts credit unions. ... More

March mergers continue trend

The National Credit Union Administration announced 21 mergers in March, citing six primary reasons for the consolidations.... More