News

The winner of CUNA's four-way race for a seat on the 2011 Board of Directors, Pat Wesenberg of Wisconsin, thanked her backers Wednesday and lauded her opponents for "their passion and devotion to the cause."

John McKechnie, who has headed the NCUA's Office of Public and Congressional Affairs for almost five years, plans to leave the agency early next year to take an as yet unannounced job in the private sector.

This holiday season Belvoir Federal Credit Union has helped locals send over 50 personalized eGreetings to friends and family.

Congress has passed a two-year wage freeze for executive branch employees but the NCUA said it hasn't decided whether it will adopt it for the agency's employees.

House Financial Services Committee Chairman-Elect Spencer Bachus (R-Ala.) will speak at CUNA's Governmental Affairs Conference, the association announced.

They are feeling good up in Muskego, Wis.--so good that Corporate Central Credit Union just put out a financials-laden press release trumpeting that it is in "great shape."

Following tradition, Pennsylvania Gov.-Elect Tom Corbett has picked a banker to be the state's top regulator of banks and credit unions.

The Federal Reserve's proposed rule on interchange fees won't help merchants enough and will still help big banks keep high profits at their expense, the Merchants Payment Coalition wrote Congress.