BOISE, Idaho. -- NCUA has approved the first Trade, Industry or Profession field of membership for the grocery and supermarket industry across the U.S.

BOISE, Idaho. -- NCUA has approved the first Trade, Industry or Profession field of membership for the grocery and supermarket industry across the U.S.

ALEXANDRIA, Va. -- A spurt of scam artists fraudulently tapping into consumers', including credit union members, home equity lines of credit drew NCUA's first fraud alert for 2008.

ALEXANDRIA, Va. -- A spurt of scam artists fraudulently tapping into consumers', including credit union members, home equity lines of credit drew NCUA's first fraud alert for 2008.

NORWALK, Conn. -- The Financial Accounting Standards Board has deferred a requirement that credit unions estimate and list their tax liabilities on their financial statements for 2007.

The Wisconsin Bankers Association has attacked the $916 million Community First Credit Union for its decision to file a lawsuit against the IRS over its unrelated business income taxes.

NCUA's policy of requiring credit unions considering conversions to facilitate communication among members about the conversion appears to have fostered strong debate about the topic at two CUs currently thinking about making the change.

Although much remains uncertain about the deal, which is subject to the vagaries of financial markets and legal settlements, credit unions that issue Visa cards stand to gain a possibly substantial financial windfall from Visa Inc's initial public offering of stock expected later this year.