Credit Union Times | Accurate and Timely CU News

Professor Says CUs Should Back GSEs’ Privatization

By David Morrison

A professor of law at Brooklyn Law School argued that credit unions should back the privatization of Fannie Mae and Freddie Mac, provided they can also ensure they get the same access to a privatized secondary mortgage market that banks would get.

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CU CEOs Appointed to Fed Panels

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Merger Rules Impact CFOs

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March 02, 2011

On-Site Coverage: CU Leaders Tell Lawmakers About Regulatory Burdens

WASHINGTON — Two credit union advocates told lawmakers today that the increased regulatory burden faced by the industry was hurting the ability of institutions to serve their members.

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March 02, 2011

Nine Indicted for St. Paul Croatian Collapse

The U.S. Department of Justice has indicted nine people, six men and three women, for fraud, bribery and money laundering in connection with the collapse of the $239 million St. Paul Croatian Federal Credit Union.

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March 02, 2011

On-Site Coverage: CU Leaders Push Congress on Impact of Interchange Regulations

WASHINGTON — The debit interchange rule and other new requirements on credit cards and mortgages will make it harder for credit unions to serve their members, according to Bill Cheney and John Buckley.

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March 02, 2011

Homeless Man Returns $1,440 Lost by CU Attorney

The outside legal counsel for the $35 million Apex Community FCU of Pottstown, Pa., is one relieved lawyer today, after a homeless man found and turned in his lost envelope containing $1,440 in cash.

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March 02, 2011

Homeless Man Returns $1,440 Lost by CU Attorney

The outside legal counsel for the $35 million Apex Community FCU of Pottstown, Pa., is one relieved lawyer today, after a homeless man found and turned in his lost envelope containing $1,440 in cash.

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March 02, 2011