U.S government

• Making Strides Into Mobile Banking and Foreign Exchange

  By David Morrison  |  March 4, 2011

  The nation's two nationwide shared branching networks took large strides into member service and mobile banking with two announcements at CUNA's Governmental Affairs Conference last week.

• Shared Branching Brings Easy Foreign Exchange Trading To CUs

  By David Morrison  |  February 28, 2011

  A new partnership between Financial Service Centers Cooperative Inc and a leading online foreign exchange company now allows participating CUs to offer their members foreign exchange.

• Soft-Spoken Southerner Bachus to Lead House Panel

  By Claude R. Marx  |  December 15, 2010

  Say farewell to the wisecracking, brainy lawmaker from suburban Boston and say hello to the soft-spoken, courtly former lumber company owner and trial lawyer from Birmingham, Ala.

• Fed to Pump $600 Billion Into Economy

  By Claude R. Marx  |  November 3, 2010

  Saying that the recovery isn't occurring fast enough, the Federal Reserve announced today it will buy $600 billion of U.S. government debt over the next eight months.

• Credit Unions May Be Not-for-Profit, But They Aren't Charities

  By Sarah Snell Cooke  |  November 3, 2010

  Credit unions are very proud of their heritage, and they should be. Credit unions, individually and as an industry, grew from nothing to serve tens of millions of members nationwide.

• Credit Unions Aren't Charities, So Why Volunteers?

  By Sarah Snell Cooke  |  October 28, 2010

  In today's ever evolving financial services marketplace, credit unions should start paying for qualified board members.

• ACUMA Seeks to Navigate a New Path for CUs Through Unfamiliar Terrain

  By David Morrison  |  September 29, 2010

  LAS VEGAS -- The American Credit Union Mortgage Association wanted attendees at its 2010 annual conference to walk away with two convictions.

• Capital Rules Change Could Have Residual Effect on CUs

  By Claude R. Marx  |  September 8, 2010

  American credit unions aren't subject to international capital requirements, but changes to these requirements could prompt the U.S. government to allow supplemental capital.

• Conferees Retain Insurance Limit; CUs Prepare for Interchange Finale

  By Claude R. Marx  |  June 23, 2010

  Accounts of up to $250,000 at credit unions and banks would be permanently insured beyond the current expiration date of 2013, as a result of an amendment approved last week by the House-Senate conference committee on regulatory overhaul.

• Treasury Report Cites Benefits to Government from More Interchange Regulation

  By Claude R. Marx  |  June 15, 2010

  The U.S. Government could save between $36 million and $39 million in interchange fees annually if it had the right to negotiate for better terms, according to a Treasury Department report.