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Top Stories

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

New NCUA video preps CUs for improving economy

The improving economy's impact on credit unions, and how credit unions can access the latest economic data online, are both addressed in the latest YouTube briefing by National Credit Union Administration Chief Economist John Worth.... More

ACI op-ed: MBL cap inhibits competition, hurts small business

American Consumer Institute (ACI) Center for Citizen Research President Steve Pociask, in an editorial published in The Hill last week, said the only "unlevel playing field" in the fight between credit unions and banks regarding increased member business lending (MBL) is that credit unions are subject to an MBL cap that prevents them from lending to small businesses.... More

Two elected to South Carolina CU League board

South Carolina credit unions elected one new director and re-elected another to the South Carolina Credit Union League (SCCUL) Board of Directors, and both will serve full three-year terms.... More

40 CU professionals become CU Dev. Educators

Forty credit union professionals were guided by eight program facilitators and mentors through the week-long Credit Union Development Education Training. The April 18-25 training was held on the University of Wisconsin campus in Madison, Wis., said the National Credit Union Foundation.... More