News

Mark those calendars, it's time to roll out the Credit Unions for Kids Change A Child's Life campaign to benefit Children's Miracle Network Hospitals.

Thanks to the credit union lobby, Michigan lawmakers look to be first in the nation to act next week on a non-binding resolution seeking to halt or delay the Federal Reserve's debit interchange rules.

LendingTools.com CEO Eric Goering positioned yesterday's announcement that the Wichita, Kansas-based developer of correspondent tools had won its first credit union deal with Kansas Corporate Credit Union as a victory 10 years in the making.

The lead lobbyist for the Virginia Credit Union League, Whitt Clement, is the new chairman of the Virginia Chamber of Commerce and said he hopes his election might spur greater industry visibility within the influential business group.

Fannie Mae and Freddie Mac should eventually be abolished and the government should cut back its role in the housing market while financial institutions should hold more capital, according to a report issued today by Treasury and HUD.

Federal Reserve Governor Kevin Warsh informed President Obama today that he plans to resign as of March 31.