After having dropped off for a month, CUNA's Credit Union Legislative Action Council is again on the list of top of the top 20 donors to federal candidates, according to data compiled by the Center for Responsive Politics.
Kentucky credit unions hailed a May 20 ruling by the Kentucky Supreme Court that struck down a long-running banker challenge on community charter field of membership expansion.
Latino Community Credit Union has been singled out by the Southern Growth Policies Board as the 2010 Innovator Award winner.
After being in a court-ordered field of membership limbo lasting six years, one Louisville, Ky. CU said it stands ready now to finally sign up new members and expand services in one of its suburban branches.
The May 18 primary elections provided more good than bad news for credit union-backed candidates.
Credit union lawyers were hailing a Kentucky Supreme Court ruling upholding state authority on field of membership powers as providing the banking lobby "a resounding defeat" as part of its ongoing quest to curtail CU expansion.
Private student loan program provider Fynanz received support from 28 state credit union leagues in conjunction with its partnership with CUNA Strategic Services.
In response to the record flooding in Tennessee, the NCUA has activated its processes for dealing with natural disasters.
At least six branches of Tennessee credit unions remained closed Tuesday, as floodwaters from the Cumberland River created havoc to businesses in the downtown area and forced evacuations in outlying communities.
NASCUS Chairman Tom Candon has named Board Member Mary Hughes to fill the two-year board term vacated when former NASCUS Chairman George Reynolds retired.