News

Following arguments over bylaws between members and management of credit unions considering mutual savings bank conversions, NCUA's policy of relying on the state court system to clear things up proved to be less than desirable. As a result, NCUA is seeking to re-incorporate the Federal Credit Union Bylaws into its...

Democrat Felipe Fuentes won a special election to the California State assembly following a five-way race. Fuentes, a former Los Angeles deputy mayor and City Council aide, will represent the northeast San Fernando Valley. The election was held to replace Richard Alarcon, who left the assembly in March to return...

The Community Development Financial Institutions Fund has announced that it will hold a meeting of its Community Development Advisory Board June 7 in New Orleans.

In an address before the 2007 Michigan Credit Union League Annual Convention and Exposition, NCUA Vice Chairman Rodney Hood stressed the importance of meetings like this one to keep credit union leaders at the top of their game. In general, nearly every industry today has many of the same challenges...

Associated Credit Union is calling out bankers on their greedy ways with an aggressive multi-media campaign. The credit union has turned to local advertising agency The Burmeister Group to create commercials featuring "the piggy banks". Literally, two talking pigs in suits help tell the story of how banks are more...

New WesCorp Board Member Adam Denbo says he'll bring small credit union representation to the corporate, which previously only had board members from large institutions.