News

House Financial Services Committee Chairman Barney Frank cited comments from Britain's top regulator to back up his own belief in the need for stronger regulation of financial services.

The NCUA plans to announce that it won't "take exception" if a credit unions gets a written opinion from its accountant allowing it to delay the recording of expenses for additional premiums.

A verbal attack by the Washington Credit Union League on PIMCO for an alleged conflict of interest and insider role in connection with the failed US Central FCU and WesCorp FCU, continues to "draw industry support," the head of the league said.

Citing misconduct by prosecutors in its own department, the U.S. Department of Justice today announced it was asking a federal judge to drop corruption charges against former Sen. Ted Stevens, R-Alaska.

As banks keep a tight grip on lending, small businesses turned down by the financial institutions are seeking out microlenders for loans ranging from $500 to $35,000.

The NCUA wants Congress to create a stabilization fund financed by a larger line of credit from the Treasury Department so credit unions can spread out over seven years premiums for the cost of placing U.S.

What can you expect if you'd like to move up to a new job or need to hire some people this year?

Carol Malecki, past president of Educational Credit Union, has been appointed to the Kansas Credit Union Council by Gov. Kathleen Sebelius.