News

CUNA has taken Vice President of Legislative Affairs Dean Sagar out of the CRA rotation with the press so to speak due to his comments being misinterpreted and being used against the association, CUNA said.

The Virginia Tech Memorial Fund, a fund established to help the victims and Virginia Tech community recover from last month's mass shooting, has received $5,000 from the $28 billion Navy Federal Credit Union.

The Virginia Tech Memorial Fund, a fund established to help the victims and Virginia Tech community recover from last month's mass shooting, has received $5,000 from the $28 billion Navy Federal Credit Union.

NCUA Vice Chairman Rodney Hood reiterated one of his missions of keeping the balance between safety and soundness while allowing credit unions and CUSOs to serve members without "arduous, burdensome" regulations.

The concerns expressed by the industry's trades and leagues on the impact of hostile takeovers among credit unions may be for naught, one veteran attorney said.

The New Jersey Credit Union League said Thursday it has formed a five-member search committee headed by Cindy Rein-Zima, president/CEO of Hamilton Horizons FCU, to begin recruitmen to find the replacement for fired CEO Bob Walls.