media reports

• Jury Indicts Developer

  February 5, 2012

  A federal grand jury recently indicted Lee Baker Jr., a prominent real estate developer, for alleged fraud for making false statements to obtain loans from Denali Alaskan Federal Credit Union.

• AEA FCU Loan Trial Under Way

  By Michelle A. Samaad  |  January 26, 2012

  A jury is currently hearing testimony in the case involving William Liddle, who was allegedly involved in a loan kickback scheme.

• Condo Developer Indicted in Denali Alaskan FCU Case

  By Michelle A. Samaad  |  January 24, 2012

  Developer accused of making false statements to obtain loans.

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  Will CUs Seize the Opportunity?

  By David Morrison  |  January 16, 2012

  Major mortgage lenders appear to be continuing their strategic retreat from the U.S. housing finance market, leaving credit unions with a significant opportunity that they may not be willing or able to take.

• Obama Seeks to Merge SBA, Trade Agencies

  By Claude R. Marx  |  January 13, 2012

  New agency would merge functions of SBA, Office of Trade Representative, Export-Import Bank, others.

• Reports: Obama To Name Cordray As Head of CFPB in Recess Appointment

  By Claude R. Marx  |  January 4, 2012

  President Obama plans to name former Ohio Attorney General Richard Cordray the director of the Consumer Financial Protection Bureau.

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  In a First, Interchange Gained Federal Regulation

  By David Morrison, Claude R. Marx  |  December 18, 2011

  This year saw a regulation capping the interchange card issuers were able to earn on a debit card transaction come into effect for the first time in history.

• Visa Investigating Possible European Card Breach

  By David Morrison  |  December 16, 2011

  Targets include 17,000 cards at Romanian bank.

• Another Durbin Consequence, Small Payments Move Away From Debit

  By David Morrison  |  December 8, 2011

  More small merchants seen seeking cash instead of cards.

• Supercommittee Collapse Means No Targeting of CU Tax Exemption, For Now

  By Claude R. Marx  |  November 21, 2011

  While credit unions are often asking Congress to do something, when it comes to taxation no news is good news.