Credit Union Times | Accurate and Timely CU News

New Mexico Congressman Backs MBL Cap Increase

By Michelle A. Samaad

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.

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NCUA to Deal With Mortgage Rules

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Foolproof Cites Big AOL Plug in CU Advocacy Debate

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May 12, 2010

UNFCU First to Issue Chip and Pin Card

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.

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May 12, 2010

Senate May Vote on Interchange Today

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.

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May 12, 2010

NCUA May Isolate Corporate Stabilization Assessment

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

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May 12, 2010

Leagues and CUs Doing Grassroots Efforts on Interchange

In advance of today's vote on an interchange amendment, NAFCU members and credit union leagues are re-doubling their lobbying efforts to kill the proposal.

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May 12, 2010

Savings Slide Begins at CUs

While savings at credit unions were up 2.2% year-to-date to $787 billion, compared to first quarter data over the past four years, growth may have reached its peak for the industry.

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May 12, 2010

Matz to Hold Virtual Town Hall Meeting

Credit union employees and board members with questions, comments or complaints will be able to communicate directly with NCUA Chairman Debbie Matz at a virtual town hall meeting on June 28, the agency announced today.

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May 12, 2010