News

Gene Sperling, who was the Treasury Department's point person during negations on the proposal for raising the cap on member business loans, was named by President Obama today to be director of the National Economic Council (NEC).

A new legislative and regulatory advocacy committee with a focus on issues affecting CUSOs and their credit unions is the latest effort coming from NACUSO.

The Filene Research Institute in Madison, Wis., is offering a new report aimed at helping credit unions get the biggest bang for the buck in information technology.

The CDFI Coalition, a group of community development financial institutions that support the Treasury Department's CDFI Fund, is cautiously optimistic the program will survive the federal budget process without major cuts.

Credit union volunteers who want to be trained in financial literacy to comply with the NCUA's new requirements in this area can attain the certification through NAFCU's online training offerings.

Executives at the $1.4 billion Ascend Federal Credit Union are taking steps to evaluate security after one of their 17 locations has been robbed three times in three weeks.