federal law

• Air Academy FCU’s Strebe Urges Changes In Cyber Security Laws

  By Claude R. Marx  |  December 1, 2011

  CEO says CU pays $300,000 yearly to keep member data safe.

• Assessments: NCUA Predicts 8 to 10 Basis Points

  By Claude R. Marx  |  November 13, 2011

  Credit unions should set aside between 8 and 11 basis points for next year’s assessment to pay for the corporate credit union rescue, NCUA Chairman Debbie Matz advised last week.

• SECU Discloses CAMEL Score

  By Marc Rapport  |  October 12, 2011

  The nation’s second-largest credit union said it is publicly disclosing its CAMEL score as a show of transparency to its 1.7 million members.

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  Texas Gov. Rick Perry Backs MBL Hike

  By Michelle A. Samaad  |  September 25, 2011

  Republican presidential candidate and Texas Gov. Rick Perry recently threw his support behind increasing the member business lending cap.

• Texas CUS Advised to Review Employee Policies For Guns

  September 2, 2011

  New state law restricts CU ability to ban guns from parking lots.

• Fired CEO Files Whistleblower Suit Against Community Link FCU

  By Robert McGarvey  |  June 7, 2011

  James Countryman says he was fired for telling board he would talk to NCUA about conflicts of interest at his CU.

• Unemployment Cards Knocked by National Consumer Law Center

  May 23, 2011

  The National Consumer Law Center has issued a report that is critical of the fees many unemployed people have to pay because their states put unemployment benefits on cards.

• Savings Raffle Campaigns Show Progress Nationally

  By Jim Rubenstein  |  April 27, 2011

  The credit union campaign to win state-by-state approval for savings promotion raffles picked up steam last week.

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  Credit Union Industry Reacts to Failure of Big Texas CU

  By Michelle A. Samaad  |  April 27, 2011

  Crippled by mounting commercial loan losses, the $1.6 billion Texans Credit Union was placed in conservatorship on April 15 by the NCUA.

• Texas League Reassures After Texans CU Conservatorship

  By Michelle A. Samaad  |  April 19, 2011

  Texas Credit Union League President/CEO Dick Ensweiler says Lone Star State credit unions remain healthy.