WASHINGTON - Washington Postal Employees Federal Credit Union, the $18 million institution that found itself evicted when someone sent anthrax-laced letters through the warehouse-like Brentwood U.S. Postal in Washington D.C., still doesn't know when it will be able to return to its offices but remains committed to the building, according...

WASHINGTON - Will banks or credit unions benefit more from campaign finance reform? That's a hard question for experts to answer, particularly since the law has yet to face challenge in the courts. Dan Mica, president of CUNA has gone on record envisaging credit union benefits from the law, and...

WASHINGTON - A comprehensive Harvard University study on the Community Reinvestment Act's (CRA) performance since 1993 both praises the Act's operation and makes a case for the need to update the Act more likely. Banker groups say they're ready for Congress to take a fresh look at CRA and consider...

WASHINGTON - Fees are one of the reasons low-income people choose not to use banks and instead become customers of the growing check cashing and payday lending industry, according to U.S. Comptroller of the Currency John Hawke. Speaking to an American Bankers Association conference in Baltimore on March 18, Hawke...

WASHINGTON - It seems everywhere you look these days there's another credit union robbery. Although quantifying how big this problem is nationwide is difficult, credit unions that have been victimized say there are substantial emotional and monetary costs that go along with each and every robbery. CUNA Mutual Group, which...

WASHINGTON - In many ways the furor over the repeal of the Community Action Plan reopened the debate over CRA. What impact would a Community Reinvestment Act regulation have on a credit union? What would it mean for its operations? To help answer those questions, Credit Union Times solicited the...

HARRISBURG, Pa - Carl Payne wants to make sure that he doesn't make either his regulator, the Pennsylvania Department of Banking, nor his insurer, NCUA, angry but he also strongly believes regulatory caution has left his credit union, The Greater Harrisburg Community Credit Union, with much slower growth than he...

WASHINGTON - NCUA may be ready before the end of the year to propose methods whereby credit unions will file their quarterly call report data online, from a site on the World Wide Web, and whereby such data will be available for public scrutiny in days rather than months. According...