Alabama

• Sen. Bachus Denies Charges

  By Claude R. Marx  |  February 20, 2012

  House Financial Services Committee Chairman Spencer Bachus (R-Ala.) predicted that he would be cleared of charges that he violated insider trading laws.

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  U.S. Central ACH Hike Causes Run for the Exits

  By Robert McGarvey  |  February 20, 2012

  Many worried credit union eyes now are on July 1, the date when the NCUA has said it will bump up ACH fees for U.S. Central Bridge customers by 80%. That looming price hike has triggered a quick rush to the exits as corporates and their members race for alternatives.

• Bachus, Hoyer Added to GAC Speaker Lineup

  By Claude R. Marx  |  February 13, 2012

  House Financial Services Committee Chairman Spencer Bachus and House Minority Whip Steny Hoyer have been added to the GAC speaker lineup next month.

• Listerhill CU Proffers Range of Mobile Services

  By Marc Rapport  |  February 12, 2012

  The 70,000 members of the $536 million Listerhill Credit Union in Sheffield, Ala., are now being offered a wide range of mobile banking options.

• Trade PACs Gear Up for the Election

  February 12, 2012

  If money really does talk, then CUNA and NAFCU have been doing the financial equivalent of vocal exercises. The political action committees of both groups each ended last year with six-figure amounts in their coffers, as they gear up for an election year that features a large number of competitive races...

• Marx on Capitol: Election May Usher In More Regulatory Oversight

  By Claude R. Marx  |  February 12, 2012

  Except for Newt Gingrich’s two mischaracterizations, credit unions haven’t come up as an issue in this election campaign so far.

• Bachus Says He Will Be Cleared in Ethics Probe

  By Claude R. Marx  |  February 10, 2012

  Republican chair of House Financial Services Committee being probed for possible insider stock trading.

• Failure to Merge: Print Preview

  By Jim Rubenstein  |  February 9, 2012

  In this Print Preview from next week's edition, industry experts look behind the recent rejection of proposed mergers in Louisiana and Montana.

• Cordray Pledges to Go Easy

  By Claude R. Marx  |  February 5, 2012

  Saying that credit unions and small banks “had very little, really nothing to do with causing the financial crisis,” Consumer Financial Protection Bureau Director Richard Cordray renewed his commitment to ensure that they don’t face unnecessary additional regulatory burdens.

• Paying Politics: Trades Build War Chests for 2012 Campaigns

  By Claude R. Marx  |  February 2, 2012

  CUNA, NAFCU spread donations across parties, chambers.