Arizona may have a new regulatory team to deal with banks and credit unions but the state has also had to face down a daunting budget crisis, which CU executives claim is hindering the examination process.
NAFCU is one many groups contacting Congress in opposition to an amendment to the Restoring American Financial Stability Act of 2010 that would effectively end federal government support for Fannie Mae and Freddie Mac in two years.
The Senate is resuming debate today on the regulatory overhaul bill and is scheduled to vote on an amendment that would increase Congress' power to audit the decisions of the Federal Reserve.
Private student loan program provider Fynanz received support from 28 state credit union leagues in conjunction with its partnership with CUNA Strategic Services.
Since the SBA's America's Recovery Capital loan program debuted last summer, First U.S. Community Credit Union has been flooded with applications and the deluge has led to bigger loans for the Sacramento, Calif.-based cooperative.
