News

NAFCU has promoted its top lobbyist B. Dan Berger to be executive vice president for government affairs.

Billionaire investor Warren Buffett said today that Congress may need to pass another measure to jumpstart the economy and criticized the effectiveness of the measure lawmakers enacted earlier this year.

Credit unions are evaluating whether to switch their fixed rate interest rate credit cards to variable rate cards in advance to the change in federal laws governing credit card issuance.

World Council of Credit Unions' 2008 Statistical Report reveals an increase in credit unions and members served.

Cognizant of economic conditions and the corporate expense, the Kansas Department of Credit Unions said this week it is waiving 2009 examination fees "on a one time basis" for CUs under $1 million.

The CEOs of two rural credit unions explained to lawmakers today how they have been helping their members through difficult times and said they could do even more if Congress would let them make more business loans.