SEATTLE-With know-how and constituents, NAFCU is able to make its presence known on Capitol Hill and prove this town is big enough for both CUNA and NAFCU. While CUNA boasts that it represents more than 90% of all credit unions and NAFCU works for just 14% of federal credit unions,...

SEATTLE-NCUA Credit Union Development Analyst Nancy Padilla told attendees of NAFCU's 35th Annual Conference that it is important to understand the difference between a low-income area and an underserved area. By adding underserved areas, credit unions are not necessarily serving low-income areas and vice versa. In locating an investment area,...

SEATTLE-During NAFCU's Annual Conference in Seattle, ESL Federal Credit Union CEO William "Tim" Pryor advised credit unions on how to save money and maintain compliance using electronic statements. The Electronic Signatures in Global and National Commerce Act (E-SIGN) of 2000 gave electronic contracts have the same weight as paper ones....

SEATTLE-Make work fun was the advice Jackie Freiberg, managing partner of Freibergs.com, had for attendees of NAFCU's 35th Annual Conference. She asked the audience who likes to work with fun people and nearly everyone raised their hands; however, very few raised their hands when she asked if they hire employees...

WASHINGTON-In separate comment letters, two national credit union trade associations supported the idea of credit unions being permitted to offer sweep account services without being required to register as broker-dealers with the Securities and Exchange Commission (SEC). The issue has arisen out of an application for the Evangelical Christian Credit...

CU Times Washington Reporter PARKERSBURG, W.V.-In one of the latest media skirmishes between banks and credit unions, the credit union community responded full throttle to accusations by a West Virginia banker that credit unions are not as strictly regulated as banks and, therefore, are not as safe. A July 1...

SEATTLE-As the fairly new NCUA Board members continue to carve out their individual regulatory styles, JoAnn Johnson made clear that she was interested in doing her best to remove regulatory hurdles for credit unions. She asked the credit union attendees of NAFCU's Annual Conference to comment on areas that they...

SEATTLE- NAFCU has entered into a new alliance with Fannie Mae to help NAFCU-member credit unions expand their ability to offer affordable mortgage financing and manage their interest rate, liquidity and credit risks, NAFCU President and CEO Fred Becker announced at the opening session of the trade group's Annual Conference....