WASHINGTON-Banks and thrifts have increased their services in some areas, but cut back in others, while at the same time boosting fees on some account and lowering others, according to the latest Federal Reserve Board Annual Report to the Congress on Retail Fees and Services of Depository Institutions. Congressman John...

WASHINGTON - NAFCU selected four credit union representatives and two credit unions as winners in its 2002 Awards Competition, "Visions of Success." The winners will be recognized during NAFCU's Annual Conference this July in Seattle. Duke University Federal Credit Union was named Federal Credit Union of the Year for member...

ALEXANDRIA, Va.-According to the recently released 5-year Human Capital Management Plan section of NCUA's 2003-2008 Strategic Plan, NCUA has a much younger workforce than most federal agencies. Because of this fact, the agency expects a smaller wave of retirements in the next 10 years than other federal agencies. In fact,...

ISLANDIA, N.Y.-More than two-thirds of Americans (69%) support the proposed bankruptcy reform legislation (H.R. 333) currently before Congress, according to a nationwide survey by the Cambridge Consumer Credit Index. Of the more than 1,000 adults surveyed by telephone, 79% said that if the bill was enacted, they would be less...

WASHINGTON-Credit unions received even more relief from unnecessary regulations in the Financial Services Regulatory Relief Act (H.R. 3951) following its markup in the full Financial Services Committee. The markup passed out of committee unanimously by voice vote. All of the credit union provisions previously included in the bill were preserved...

WASHINGTON - The CUNA elections are underway and the still relatively new system initiated from CUNA's Renewal efforts appears to be working fine so far. CUNA Chairman Barry Jolette, CEO of San Mateo Credit Union in California, admitted recently that prior to CUNA's Renewal efforts he "did not want anything...

ARLINGTON, Va.-Government officials explained the ins and outs of the information collection requirements under the U.S.A. PATRIOT Act during an audioconference hosted by NAFCU last week. Providing this critical information to listeners were NCUA Senior Trial Attorney John Ianno and Financial Crimes Enforcement Network (FinCEN) Executive Assistant for Regulatory Policy...

WASHINGTON-CUNA is putting together an information package at the request of the Small Business Administration (SBA) on why religious-based credit unions should not be treated differently than other credit unions with regard to SBA-backed lending. SBA's current policy is to only allow geographically-based credit unions to participate in government guaranteed...