DURHAM, N.C.-Seventeen creditors, including two credit union CEOs and a credit union chairman, have signed onto a letter sent to leaders of the House and Senate opposing the bankruptcy reform legislation (H.R. 333) as anti-consumer. Movement on the bill is expected to hold off until just after deadline. While acknowledging...

DUBLIN, Ohio -A member of Patelco Credit Union looking for more information on the differences between federal and private share insurance led to a minor squabble between NCUA and American Share Insurance on whether or not shares insured by the National Credit Union Share Insurance Fund are indeed guaranteed by...

WASHINGTON-Americans across the country will be observing the one-year anniversary of the terrorist attacks of September 11 in their own fashion. Here is what some credit union groups are doing. * According to Pentagon Federal Credit Union Vice President of External Relations Mary Lynn Stevens, the credit union will follow...

ALEXANDRIA, Va.-In the face of credit unions urging reductions in staffing and budget levels every year, NCUA employees are concerned about the security of their jobs. Some employees at the agency have contacted the National Treasury Employees Union (NTEU) for guidance on organizing a union. NTEU President Colleen M. Kelley...

WASHINGTON-The bankruptcy reform bill (H.R. 333), which has already taken a beating over the last few years of its life, is once again in for an uphill battle. While the number of pro-life Republicans threatening to vote against the bill because of the clinic violence agreement numbered about two dozen...

WASHINGTON-According to Financial Crime Enforcement Network (FinCEN) data, suspicious activity reporting has increased dramatically since last September. Following the terrorist attacks last year, law enforcement discovered that terrorists were using the U.S. financial services system to help fund their activities. While Suspicious Activity Report (SAR) filing mainly stayed under 17,000...

WASHINGTON-Following the September 11 terrorist attacks last year, several credit union organizations were forced to cancel their conferences and other meetings. While memories of that time still seem fresh a year later, the credit union community, like the rest of America, is going to continue with its business in 2002....

WASHINGTON- While the delay in the passage of a bankruptcy reform bill (H.R. 333) is not welcomed by credit unions, CUNA still has full confidence that lawmakers will be able to work out their differences and pass a bill this congressional session "because the issues involved are too compelling not...