Should he become president, Senator John McCain (R-Ariz.) would not seek to tax credit unions, his campaign staff has reassured NAFCU executives. McCain is the presumptive Republican nominee for president.

Another credit union has opted to process its card portfolio through TNB Card Services, the card portfolio purchasing and processing arm of credit union-owned Town North Bank.

Sometimes the life of a federal regulator is all about preparing yourself for the question that never really comes.

The impact of the U.S. credit union industry on better banking concepts will have a voice on the global stage this year because the World Economic Forum has named NCUA Vice Chairman Rodney Hood as one of its Young Global Leaders of 2008.

The ongoing fight to further regulate or eliminate payday lending in different states and provide consumers with alternative products for short-term loan needs continues to percolate and change, drawing in new media and opening new fronts.

The possible passage of a credit union regulatory relief bill of some sort prompted deep and thorough discussion of the need for that relief, as of press time, at a March 6 hearing before the House Financial Services Committee.

Financial Service Center Cooperative, one of two nationwide credit union-owned shared branch networks, has announced a pair of alliances that promises to help further the expansion of service options for credit union members nationwide.

The long running dispute between retailers on the one side and the card brands with card issuers on the other has finally hit the legislative process.