As time on the congressional calendar is slipping away before the Thanksgiving recess, another co-sponsor has been added to the Credit Union Regulatory Improvements Act (H.R. 1537).
Southwest Corporate Federal Credit Union now has more than 1,000 credit union branches using its Remote Deposit Service and processed 4.4 million remote deposit items in the month of September alone.
Climaxing months of negotiation, the Credit Union Association of Colorado and the $4.1 billion Security Service Federal Credit Union of San Antonio confirmed today that the Texas CU will become a full-dues paying member of the trade group in 2008.
Climaxing months of negotiation, the Credit Union Association of Colorado and the $4.1 billion Security Service Federal Credit Union of San Antonio confirmed today that the Texas CU will become a full-dues paying member of the trade group in 2008.
Although NCUA's rules and disclosure regulations governing the process of converting from a credit union to bank charter draw the most attention, they are hardly the only regulatory hurdles many CUs considering making the change face, according to a leading consultant in the process.
As a means to meet the mortgage and business loan needs of its members, Family First Federal Credit Union has opened its Home and Business Loan Center.