WASHINGTON-Reauthorization of the Fair Credit Reporting Act is going to dominate activity among Washington lawmakers concerned with financial services a great deal throughout the rest of the session, CUNA Vice President of Legislative Affairs and Senior Legislative Counsel Gary Kohn predicted. Two hearings on the reauthorization of certain provisions of...

WASHINGTON-Retirement plans are not what they used to be. CUNA Senior Vice President of Government Affairs John McKechnie said that fact should help push through legislation recently introduced by Representatives Rob Portman (R-Ohio) and Ben Cardin (D-Md.) to give Americans greater flexibility and portability of their retirement plans. Two years...

WASHINGTON-The May calendar for Credit Union House is filling up rapidly with leagues interested in having a say inside the Beltway. As Congress returns from its spring recess to many issues important to credit unions such as the Fair Credit Reporting Act reauthorization, regulatory relief, retirement plans, and check truncation,...

WASHINGTON-The names of several large banks have been published under the Office of Foreign Asset Control's regulation naming violators of the Trading With the Enemy Act requirements, including dealings with those named on the Specially Designated Nationals list. In a final rule effective February 11, 2003, OFAC said it would...

WASHINGTON-More than 2.4 million taxpayers filed their taxes online as of April 9 through the Free File Web site (visit www.egov.gov), according to data released by the Treasury Department and the Internal Revenue Service. More and more credit unions in recent years have formed partnerships to assist their members in...

WASHINGTON-The thought of testifying before Congress would make most anyone a bit nervous. In prepping its witnesses, CUNA is able to avoid letting the jitters get in the way of compelling testimony. CUNA has provided many witnesses already this congressional session including Chartway Federal Credit Union Director of Operations Celia...

WASHINGTON-CUNA unloaded both barrels in support of check truncation legislation, sending one representative to a Senate Banking Committee hearing and another to the House Financial Services Financial Institutions Subcommittee hearing recently. Chartway Federal Credit Union Director of Operations Celia Woodham recommended to members of the House Financial Institutions Subcommittee last...

ALEXANDRIA, Va.-The NCUA Board announced last week that Deputy Executive Director Mark Treichel has been selected to replace Region I Director Layne Bumgardner who retired April 3. As Region I Director, based in Albany, N.Y., Treichel will be responsible for managing the agency's supervision and examination program for the states...