News

The Federal Reserve Board issued a notice that it has decided upon its final revisions to exemptions from reserve requirements for "bankers' banks" under Regulation D.

The Central Credit Union Fund is turning 75 and to celebrate members have been invited to an evening of fun and nostalgia April 24th at the Basketball Hall of Fame.

America's Community Bankers wrote the authors of the Compete Act of 2007 (H.R. 1508) to express support for the bill that would improve Section 404 of the Sarbanes-Oxley Act.

Two members of the $319 million Lafayette Federal Credit Union have submitted petition signatures to the CU to become candidates for the board in the next board election.

BY SARAH SNELL COOKE CU Times Senior Washington Reporter

Last summer national attention was riveted on the since-doomed move to convert the $1.8 billion DFCU Financial of Dearborn into a mutual savings bank, but today the state's largest CU once again has a high profile, except it's now centered on Michigan's troubled economy and a people helping people message.