News

CHICAGO -- The state's newly appointed credit union regulator, Robert Meza, a Chicago attorney, said Thursday payday lending and the role credit unions can play in serving those consumer needs will be among his priorities.

GREAT FALLS, Mont. -- Eight Montana credit unions, which make up the Great Springs Chapter of the Montana Credit Union Network, are finding themselves in national competition this month for putting together an unusual and prize-winning "can sculpture" made up of 3,000 food cans destined for a local food bank.

MADISON, Wis. -- Popular in Scotland, Australia and Canada, an innovative, account that pools all of a member's accounts including savings, loans, mortgage, checking and credit cards into one account, has moved one step closer to implementation by credit unions in the United States.

WASHINGTON -- Speaking at the Small Business Administration's national regulatory fairness hearing today, Mary Dunn, CUNA senior vice president and associate general counsel of regulatory advocacy, reiterated the trade association's positions on a number of regulations considered to be "burdensome."

ARLINGTON, Va. -- NAFCU has staked out a position opposing NCUA collecting any further data about how credit unions are serving their members. The NCUA's Outreach Task Force has recommended the agency keep collecting data on this topic.

SACRAMENTO, Calif. -- One of the prospective California bidders for the failed Cal State 9 Credit Union is making a case this week that NCUA, like it apparently did in Colorado on Norlarco CU, reject any bank suitors.