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Top Stories

CFPB accepting comment on Reg Z change

The Consumer Financial Protection Bureau is considering revising Regulation Z so that a current 25%-of-available-credit limit would apply only to fees that are charged at account opening.... More

Pa. CUs familiarize political candidates with CU issues

Pennsylvania credit unions statewide have been initiating early involvement with political candidates to make them familiar with credit unions and credit union issues, according to the Pennsylvania Credit Union Association.... More

NCUA, WesCorp's Swedberg settle suit

The National Credit Union Administration and Timothy Swedberg, one of the officials it sued as a result of the collapse of Western Corporate FCU, Wednesday filed a settlement agreement with a federal court in Los Angeles to dismiss the case, according to a stipulation filed Friday.... More

Washington Post article cites credit union-friendly resources

A recent article in The Washington Post on financial literacy resources for teens and families offered three sources with credit union ties. ... More

Several leagues report MBL advocacy efforts

As credit unions nationwide step up their grassroots efforts to expand their ability to offer loans to small businesses, several leagues reported what their credit unions are doing to support the effort.... More

FHFA 'forgiveness' plan could spill to private lenders: CUNA

If the Federal Home Finance Administration proposes a mortgage principal forgiveness program, it should take into account any potential spillover effects such a program could have on private sector mortgage modifications, CUNA President/CEO Bill Cheney said in a letter to Edward DeMarco, acting FHFA director.... More

CUs, National Journal help launch Tampa hospital project

All Children's Hospital in St. Petersburg, Fla., will soon boast a freshly renovated playground for its patients and their families through funds raised with the help of credit unions. Groundbreaking took place Wednesday on the "leave behind" project, which will retrofit an existing playground with special play equipment for ill and injured children and will honor the 2012 Republican National Convention taking place in nearby Tampa.... More

Iowa pizza place owner: CUs help fuel American dreams

Credit unions are a key to helping small businesses operate, and as such, they should be allowed to provide more loans to small businesses than currently allowed under the federal member business lending cap, an owner of several pizza stores in Iowa wrote Thursday in a letter to the editor of the Des Moines Register.... More

Tax deadline means extra hours helping members

With the April 17 tax deadline approaching credit unions nationwide are dedicating resources to helping community members prepare their tax returns.... More