WASHINGTON - Diane Casey, President of America's Community Bankers (ACB), sent the 165 bankers attending the ACB's annual Government Affairs Conference (taking place at press time) to lobby their Congressional delegations in support of five "high priority" issues but not, particularly, to attack credit unions. The five issues ACB considered...

WASHINGTON - CUNA supports credit unions and other financial institutions being able to join more than one home loan bank at the same time but has asked the federal housing finance board (FHFB) to adopt some restrictions on large institutions doing so. The subject arose after Washington Mutual Inc., (WAMU)...

WASHINGTON - Judging from their comments on the issue, credit unions largely celebrated when the NCUA overturned the Community Action Plan regulation in late December 2001. But if the tides of politics on Capitol Hill change by a relatively few votes, observers say, credit unions could find themselves fighting legislatively...

WASHINGTON - On March 11 Anthony Lacreta, Director of NCUA's Office of Credit Union Development, may make history when he represents the agency at a workshop sponsored by the Department of Housing and Urban Development (HUD) aimed at coordinating federal help to low-income communities spread along the U.S.-Mexico border. LaCreta...

WASHINGTON - Although Malcolm Bush, president of the Woodstock Institute, and recent credit union critic and longtime community financial activist, emphasized that NCUA needs a regulation to quantify how many low-income people credit unions serve and how well, he said credit unions could enact several different strategies short of regulation...

WASHINGTON - Credit union trade associations have adopted an attitude of watchfulness about possible regulatory fallout in the wake of the Enron scandal. They fear that even though credit unions had nothing to do with the actual Enron disgrace their position as regulated financial institutions could mean the affair has...

WASHINGTON - Some credit unions that would be otherwise eligible for deferred exams under the NCUA's risk based exam schedule program may not have their exams deferred in order to keep some of NCUA's examiners occupied, according to Robert Blatner, NCUA's Region VI Director and administrator of the risk based...

WASHINGTON - CUNA's leadership kicked off the first day of its 2002 Governmental Affairs Conference alternating between praising credit unions and attacking their critics. Barry Jolette, CUNA's Chairman of the Board, strongly defended the results of the association's Renaissance Commission and CUNA President Dan Mica suggested that banks surreptitiously funded...