News

The NCUA rule has set the dates for when federal credit union boards will have to comply with its new director duty regulation.

The NCUA will be able to make payments to the Temporary Corporate Credit Union Stabilization Fund without borrowing from the Treasury Department as a result of legislation passed by the House on Wednesday night.

Credit union marketers wondering where they can reach their members might consider this: The average U.S. consumer now spends as much time online as watching television.

NCUA-conserved WesCorp, now known as Western Bridge Corporate FCU, is following in the footsteps of its peer, Southwest Bridge FCU of Dallas, in forming a CEO-run advisory panel to help chart its next step.

CUNA announced on Wednesday the winners of contested election races for its 2011 Board of Directors and among them was Pat Wesenberg of Marshfield, Wis., who competed in an unusual four-way race against challengers from Kansas City, Iowa and Chicago.

Randy Karnes, CEO of CU*Answers, is calling for CUs to sign a petition to "clearly state our absolute dissatisfaction and vote of No Confidence with the current policies and practices of the current governing administration, the NCUA Board of Directors."