Call it a sign of the times that when consumer card advocate Bill Hardekopf of LowCards.com praised two cards' debit rewards programs, they were not cards issued by financial institutions.

So the NCUA or Federal Reserve has issued a proposed rule that you detest. What to do? Hold your fire and be rational.

Its been four years now since lawyers from CUNA and the American Association of Credit Union Leagues drafted a so-called "Model Credit Union Act" for implementation by the leagues. But the 2011 project is off to a quick start with bills ready for introduction in several state legislatures.

Unfortunately, it has become increasingly difficult for the credit union industry to discuss the NCUA boards regulatory rulemaking without a profusion of expletives. The NCUAs regulatory pendulum has swung from the overly permissive cheerleading that led to the corporate credit union crisis to the opposite extreme of paralyzing restrictions and...

Since its introduction last year as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the interchange price cap amendment has been a source of great consternation for our industry. NAFCU, both in principle and substance, has fought it fervently.

A major international antiphishing coalition said online payments services continue to be the favorite target of phishing fraudsters.

Congress, state legislatures, the media, consumer groups and the general public continue to shine a spotlight on the strength of financial institution management. This same spotlight is shining on the strength of state and federal regulatory examination and supervision procedures. In the credit union system, growing compliance requirements and the...

The $1.7 billion Redwood Credit Union of Santa Rosa, Calif. marking its first merger in three years, is expanding its local footprint by taking over the ailing, $90 million Cal State Central CU effective April 1.