News

U.S. Rep. Martin Heinrich (D-N.M.), a co-sponsor of H.R. 3880 legislation to raise the member business lending cap, recently reiterated his support for the increase to the Credit Union Association of New Mexico.

The NCUA is scheduled to be briefed on the final rules on the registration of mortgage originators during its meeting next Thursday.

Foolproof, the financial literacy package of the Credit Union Associations of Colorado/Wyoming, jumped into the "national branding" debate Thursday about how to promote CU awareness after claims its AOL promotion spiked widespread public interest.

The $3.1 billion United Nations Federal Credit Union has become the first financial institution in the U.S. to issue the sort of chip and pin credit card that members will be able to easily use both in the U.S. and overseas.

Senators could vote as early as today on an amendment aimed at regulating interchange fees as part of a bill to revamp the way financial services are regulated.

The NCUA board may vote in June to separate corporate credit union assessments from those that cover natural person credit union losses.