News

No matter how unpopular the debit interchange regulating Durbin amendment is among credit unions, at least one credit union is not opposing it.

At next Thursday's board meeting the NCUA plants to announce the amount and due date of the assessment to pay back the loan from the Treasury Department that created the Temporary Corporate Credit Union Stabilization Fund.

The issue of regulating interchange fees will be one of the topics lawmakers have to deal with when the House-Senate conference committee meets today to reconcile the differences between the financial reform bills passed by both chambers.

Arizona Attorney General Terry Goddard pledged Wednesday to vigorously enforce a crackdown on payday lending three weeks before the June 30 expiration of a sunset law allowing the shops to charge rates up to 400%.

The NCUA yesterday posted online the first of three video productions in which Chairman Debbie Matz explains corporate stabilization.

One of the goals of the African American Credit Union Coalition's Eastern regional chapter's June 26 meeting is to build a network of CU professionals in several states.