News

The first thing that jumps out at you looking into the office of Gary Kohn, senior policy advisor to NCUA Board Member Gigi Hyland, is that he is definitely a Yankees fan.

The same problems of divided jurisdiction and a divided overall card industry continue to bedevil efforts to draft federal legislation to confront the ongoing problem of card data security, while credit union frustration with the problem has continued to rise.

Gentile Takes on the Little Guy

Nearly 25% of members are considered "truly loyal" to their credit union. Someone who is "truly loyal" meets all four of the following criteria:

The federal bank and thrift regulators have announced that they will seek public comment guidance documents related to Basel II.

Over 26,000 members participated in a board election that returned three incumbent board members, one of whom voted to try to convert the credit union to a mutual bank in 2005, to their seats.