News

Although the $1.73 trillion budget proposal issued by President Obama today contains several changes in the tax code, the tax exemption for credit unions isn't touched.

ATM manufacturer NCR already gets 75% of its earnings from international sales, and the firm said it has put together a sales team to both sustain and grow that market.

In a case involving an alleged failed real estate transaction through a defunct credit union broker-dealer, LPL Financial Corp., the company that acquired the firm, said it was dismissed from the claim.

The House Appropriations Committee has proposed cutting $197 million from the budget of the Community Development Financial Institutions Fund for this fiscal year.

In a statement signed by NCUA Chairman Debbie Matz, the federal regulator sets out clear guidelines for the future of bridge corporates in particular but also impacting other corporates.

Allied Credit Union President/CEO Frank Michael will be one of seven people testifying at the Feb. 17 hearing on the Federal Reserve's proposed rule on interchange fees, the House Financial Services Committee announced today.