News

WALLINGFORD, Conn. -- Ending a search that began last October, the Credit Union League of Connecticut said Wednesday it has hired Anthony Emerson, chief financial officer of the $175 million Maine Savings FCU, as its new president/CEO effective March 17.

WASHINGTON -- NAFCU has written Reps. Barney Frank (D-Mass.) and Spencer Bachus (R-Ala.), the chairman and ranking member of the House Financial Services Committee, reminding them that credit unions do not need to be covered by the Community Reinvestment Act.

WASHINGTON -- NAFCU has written Reps. Barney Frank (D-Mass.) and Spencer Bachus (R-Ala.), the chairman and ranking member of the House Financial Services Committee, reminding them that credit unions do not need to be covered by the Community Reinvestment Act.

WASHINGTON --Treasury Secretary Henry Paulson today announced the expansion of the White House mortgage rescue plan which effectively freezes payments for borrowers who are 90 days behind to allow more time for work-outs with lenders.

WASHINGTON --Treasury Secretary Henry Paulson today announced the expansion of the White House mortgage rescue plan which effectively freezes payments for borrowers who are 90 days behind to allow more time for work-outs with lenders.

WASHINGTON -- In a cooperative action, CUNA and NAFCU have jointly sent a letter to Senator Christopher Dodd (D-Conn.) chairman of the Banking, Housing and Urban Affairs Committee, opposing an amendment by Senator Mike Crapo (R-Idaho) that would provide significant regulatory relief to banks but not credit unions.