News

Student lending CUSO Credit Union Student Choice will now be pairing its private loan product with financial education services.

Congress shouldn't rush to restructure the way financial services are regulated and consider all options, including ending the NCUA's status as an independent agency, Rep. Paul Kanjorski (D-Pa.) said at the NCUA symposium last week.

In a move to educate more lending professionals, the CUNA Lending Council said it has raised its scholarship budget to $125,000 for 2009 from $55,000 in 2008.

Lobbyists with the Wisconsin Credit Union League expect to support a rate cap of 36%

The NCUA would "maintain its authorities with regard to credit unions," according to a draft of the Obama administration's regulatory restructuring plan that is scheduled to be released later today.

The recession continues to wreak havoc on a handful of Latino credit unions, including at least two community development CUs.