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Top Stories

NCUA OIG recommends asset management changes

A National Credit Union Administration Office of the Inspector General review of the agency's Asset Management Assistance Center found "deficiencies over the valuation process of real estate owned by AMAC."... More

CUNA nominates 28 for CFPB consumer advisers

The Consumer Financial Protection Bureau is developing a Consumer Advisory Board to help keep the agency abreast of emerging trends and practices in the financial services and products industry, and CUNA last week submitted a list of 28 nominees from credit unions across the country.... More

MCUA: 42% of Missouri members lack emergency savings

An online survey of more than 1,100 Missouri credit union members indicates that 42% have no emergency savings, says the Missouri Credit Union Association.... More

TransUnion study: Consumers pay auto loans first

In 2011, consumers were more likely to pay their auto loans before their credit cards and mortgages, according to a TransUnion study.... More

Newspaper: Calif. members count on CUs' services

More Californians are counting on services from credit unions, according to a San Diego Business Journal report about membership growth in the state.... More

CUNA, NCUA to hold webinar on new interest rate risk regulation

Credit Union National Association (CUNA) and National Credit Union Administration (NCUA) staff, and a credit union CFO, will team up to offer an April 17 webinar on the NCUA's new interest rate risk (IRR) regulation.... More

Former WesCorp officials ask court for jury trial

Officials of the former Western Corporate FCU have filed amended counterclaims and a demand for a jury trial in the lawsuit filed against them by the National Credit Union Administration.... More

Iowa business owner : Raise MBL cap

The owner of an Iowa City bed and breakfast has written a letter to the Iowa City Press-Citizen, urging Congress to pass the legislation that would increase credit unions' ability to provide more member business lending... More

Judge throws out ATM notice lawsuit vs. PSECU

A federal judge in Harrisburg, Pa., has dismissed a lawsuit that had alleged a credit union violated the Electronic Funds Transfer Act with improper ATM fee notification, saying in his ruling that the credit union showed undisputed evidence that an unknown third party had removed its posted notice illegally.... More

April open NCUA meeting cancelled

April's open board meeting has been cancelled, the National Credit Union Administration said on Thursday.... More