News

Effective January 2011, CU Village and its sister company, HRN Management Group, will merge under a new name and brand, CU Solutions Group.

ALEXANDRIA, Va.--NCUA Chief Financial Officer Mary Ann Woodson today told the board that in November for the first time this year there were declines in the number of troubled credit unions.

Tuesday's NCUA-engineered takeover of the failed Beehive Credit Union in Utah by a large Texas CU adds a new player to the state's financial landscape "and should be welcomed by Utah consumers."

ALEXANDRIA, Va.--With little discussion and by a unanimous vote, the NCUA Board today upheld the denial of Tri-State FCU's application to add a YMCA to its field of membership.

The Board of Governors of the Federal Reserve today proposed a rule which would cap debit card interchange at no more than 12 cents per transaction.

ALEXANDRIA, Va.--Board members of FCUs will only get limited exemption from being sued for some of their actions and will have to gain proficiency reading balance sheets if they don't already have it, according to regulations approved by the NCUA today.