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July 7, 2010
The interchange debate in Congress has put the spotlight-and burden-on credit unions in the nation's capital to convey a strong message on CU
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By Jim Rubenstein |
February 23, 2010
The Federal Reserve Bank of Richmond wants more financial input from credit unions and next week will be conducting its second "Credit Union CEO Forum" as part of an outreach program, officials of the regional Fed bank said this week.
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By Sarah Snell Cooke |
February 17, 2010
Disaster recovery and business continuity plans are a must to respond to crises like the 9/11 terrorist attack,
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By Jim Rubenstein |
February 17, 2010
For the time being, credit union concerns in Virginia and elsewhere over companion bills in the state Senate and House enabling banks to buy and merge credit unions have eased following committee action leading to likely passage.
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By Jim Rubenstein |
February 16, 2010
As expected, a bill, once crafted to permit Virginia banks to buy credit unions that has since been altered to a mutual conversion measure, has passed the state Senate, 39-0.
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By Jim Rubenstein |
February 11, 2010
Ever so slowly, Mid-Atlantic credit unions were digging out today and opening their doors after the epic winter storms.
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By Jim Rubenstein |
February 10, 2010
The legislative scrap brewing in Virginia over bills to permit banks to buy credit unions was capturing national attention this month from both industries, regulators and the media.
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By Jim Rubenstein |
February 9, 2010
On a 15-0 vote of the Virginia Senate Commerce and Labor Committee, the now recast bankers' bill enabling state chartered credit unions to convert to mutual status cleared another hurdle this week as it appears headed for passage.
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By Jim Rubenstein |
February 5, 2010
In a victory for the Virginia Credit Union League, a House panel voted 20-0 Thursday to pare down a banker-backed bill allowing banks to buy credit unions into a measure enabling state CUs to convert to mutual charter.
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By Jim Rubenstein |
February 2, 2010
The Virginia Credit Union League said it is working on a compromise bill in the state legislature dealing with CU-to-mutual conversions.