News

NATIONAL HARBOR, Md. — Catherine Vallette-Kilroy recently spent a week listening to lectures during the day and studying for exams at night.

Reality Check was the aptly chosen name for the New Jersey Credit Union League’s one and one-half day Atlantic City conference. Over the densely packed schedule of deep-dive presentations on topics of current interest to credit union executives, the several hundred attendees heard over and over two stark realities.

Anyone who thinks U.S. credit unions have only two shared branching networks from which to choose has never met Scott Collins.

In a follow-up to the ongoing industry campaign fighting the Durbin amendment, the $3.7 billion PSECU hosted a leading CU backer, U.S. Rep. Tim Holden at its headquarters meeting with the CU board and employees.

The NCUA and six other regulatory agencies today sent out for a 45-day comment period proposed rules to limit certain kinds of incentive-based compensation packages.

Michael Brown of JSC FCU got to exchange views with the CEO of a converted CU bank on the Durbin amendment and member business lending at one of those Federal Reserve meetings Tuesday.