News

The Texas Credit Union League, joined up with NCUA, began warning CUs Wednesday to make sure disaster preparation plans are firmly in place in advance of Hurricane Alex.

Despite intense opposition by credit unions and banks, the House today approved a comprehensive financial overhaul bill by a vote of 237-192.

The regulatory overhaul legislation, H.R. 4173, could reach the House floor today, according to NAFCU.

Sen. Mark Udall (D-Colo.) introduced an amendment to the jobs bill moving through the Senate today to increase credit union business lending authorities.

Connecticut Attorney General Richard Blumenthal, a candidate for U.S. Senate to fill the open seat of the retiring Christopher Dodd (D. Conn.), is getting a PAC boost from the Connecticut Credit Union League.

Credit unions in New Jersey are being encouraged to make their voices heard this week as the Senate debates the Small Business Lending Fund Act and an amendment that would increase the member business lending cap.

There's a new leader at PrimeWay Federal Credit Union.

The sudden NCUA takeover of the $876 million Arrowhead Central Credit Union on Friday was as much a surprise to the $4 billion Alaska USA FCU, now owner or co-owner of four former branches of Arrowhead, as it was to others, Alaska USA management reported.