News

Co-sponsorship for the Credit Union Regulatory Improvements Act continues to grow and more are waiting in the wings.

Even if the $319 million Lafayette Federal Credit Union had prevailed in the controversy over its balloting in its 2006 attempt to change its charter to a mutual bank, there are reasons to doubt whether the credit union would have ever become a mutual bank without significantly changing its operations.

Even if the $319 million Lafayette Federal Credit Union had prevailed in the controversy over its balloting in its 2006 attempt to change its charter to a mutual bank, there are reasons to doubt whether the credit union would have ever become a mutual bank without significantly changing its operations.

Congresswoman Juanita Millender-McDonald (D-Calif.) died of cancer at her home Sunday.

The Minnesota Credit Union Network felt that Wings Financial Federal Credit Union should have honored Continental FCU's board March 20th decision to vote against the merger, but the network is glad a page has been turned.

From the beginning, CUNA has urged NCUA to take a long, hard look at the possibility of developing guidelines that address unsolicited merger attempts and today, the trade group is just as adamant.