News

The House Financial Services Committee plans to include a review of the NCUA's regulation of the credit union system and discuss possible reforms to the system and the NCUA, according to a draft document obtained by Credit Union Times.

Call it Catalyst Corporate Federal Credit Union. That is the name agreed upon for the new entity after Georgia Corporate completes its purchase of Southwest Bridge, a transaction expected to be put before NCUA for approval in mid-2011.

The $1.6 billion Texas Dow Employees Credit Union has disaffiliated from CUNA and the Texas Credit Union League, Credit Union Times learned today.

The weather may have been frightful but credit unions across a wide swath of the mid-continent from Chicago to Wichita, all buried under this week's monster blizzard of snow and ice, were getting back to normal in quick fashion Thursday.

In a Jan. 31 letter to Rep. Randy Neugebauer (R-Texas), Elizabeth Warren revealed that the current plan calls for the Consumer Financial Protection Bureau to have six primary divisions.

Truliant Federal Credit Union is hosting a Volunteer Income Tax Assistance site at its headquarters in Winston-Salem, N.C., through April 16. VITA is a free tax preparation service for families who make up to $49,000 a year.