ALEXANDRIA, Va.-NCUA's top officials are among the highest paid of the federal financial services regulators, but have far fewer employees making more than $100,000 than most, according to data compiled by the American Banker. One former Federal Deposit Insurance Corporation (FDIC) chairman told the paper that NCUA employees' pay was...

WASHINGTON- As last week's story entitled "Congress is out, but there is still legislative work to be done" (CU Times, Aug. 28) highlighted, throughout the August congressional recess, credit unions and their leagues continue to push hard for credit union issues with lawmakers in their home districts. Due to overwhelming...

ALEXANDRIA, Va.-America's federally-insured credit unions showed strong asset and savings growth between January and June 2002, according to the mid-year 5300 Call Reports. The data also highlighted the shrinking number of credit unions but growth in assets. Savings at credit unions increased 7.68% in the first six months of 2002,...

WASHINGTON-Disbursements from the Credit Union Legislative Action Council of CUNA (CULAC) slowed during the month of July in comparison to June's data, according to information from the Federal Elections Commission. Receipts dropped nearly $40,000 last month to $167,848 from June's numbers. Campaign contributions dropped to $135,748, almost $46,000 less than...

WASHINGTON-Congress is nearing the end of its annual August recess, and while the term `recess' may conjure up school day memories of that half-hour break from school following lunchtime, the same is not true for the nation's federal lawmakers. Though activity inside the beltway has entered semi-hibernation, activity in the...

WASHINGTON-On the coat tails of a related announcement by the Federal Deposit Insurance Corp., CUNA has suggested that NCUA expand the role of the agency's ombudsman. Carol Bullock presently serves in the position at. CUNA's Examination and Supervision Subcommittee has long supported this change, CUNA President and CEO Dan Mica...

WASHINGTON-Credit unions have more to lose than other financial institutions when it comes to the reaffirmation provisions in the bankruptcy reform bill (H.R. 333). Congress is running out of time on its fifth try in recent history to get a reform package passed. According to CUNA Vice President and Senior...

ARLINGTON, Va.-NAFCU's political action committee (PAC) fund has long been overshadowed by its larger stepsister, the Credit Union Legislative Action Council of CUNA (CULAC), but NAFCU's government affairs department is looking to increase its financial presence on Capitol Hill. According to Erica Anderson, NAFCU associate director of political affairs, the...