News

The National Association of Credit Union Chairmen's 31st Annual Chairmen's Roundtable Forum opened at the Williamsburg Lodge with a new twist.

NCUA board members will consider whether or not to approve a final version of a rule on federal credit union bylaws, including whether and how many of the bylaws should be part of the agency's regulations.

Market research firm Synovate says that consumers will receive slightly less direct mail offers from credit card issuers in 2007 than they did in 2006.

Credit union efforts to provide alternative products to payday loans again received conditional praise this week when an Oct. 15 story on National Public Radio's Morning Edition program highlighted one CU's effort.

The nation's largest thrift, Washington Mutual, has been cited by the Office of Thrift Supervision for Bank Secrecy Act violations.

CUNA Mutual Group said it recently earned strong ratings from Fitch Ratings on its operational restructuring.