Proposed amendment would establish a reserve fund to help cover disproportionate regulatory burdens on CUs.
The first female chairman of the Federal Reserve was easily confirmed in the Senate by a 59-26 vote.
One of the nation’s first credit union volunteers to make a 2012 run for a major state office, Ovide Lamontagne, former chairman of the $726 million St. Mary’s Bank, Manchester, N.H., has some advice for CU leaders.
Ovide Lamontagne is Manchester attorney, Tea Party favorite and concerned about gaffes like Gingrich lumping credit unions with Fannie Mae.
Though the political action committees of CUNA and NAFCU backed the unsuccessful Senate candidacy of Rep. Mike Castle (R-Del.) the PACs had some successes yesterday as well.