News

MADISON, Wis. -- The Wisconsin Credit Union League Friday threw cold water on a banker-backed Community Reinvestment Act bill introduced in the state Assembly this week as a desperate maneuver "which has no chance of passage this session and they know it."

NEW YORK -- The U.S. Treasury Department's Community Development Financial Institutions Fund should streamline its procedures for certifying financial institutions as CDFI's and so help more CUs become recognized as CDFIs, according to the National Federation of Community Development Credit Unions.

NEW YORK -- The U.S. Treasury Department's Community Development Financial Institutions Fund should streamline its procedures for certifying financial institutions as CDFI's and so help more CUs become recognized as CDFIs, according to the National Federation of Community Development Credit Unions.

SALT LAKE CITY -- Nearly 100 people turned out for a recent open house hosted by Mountain America Credit Union's business services department, the third consecutive year the gathering has been held.

MADISON, Wis. -- Opening an apparent new state-by-state strategy by the banking lobby to bring credit unions under Community Reinvestment Act compliance, the Wisconsin Bankers Association introduced a bill in the state legislature Thursday requiring CUs to "document all efforts serving low income and minority consumers."

ABERDEEN, Md. -- The National Youth Involvement Board has ranked Aberdeen Proving Ground Federal Credit Union number one in Maryland for youth financial literacy efforts.