Credit Union Times | Accurate and Timely CU News

Final Briefs in Miller vs. CUNA Demonstrate Tenacity of Parties

By Sarah Snell Cooke

The briefs filed by both sides in the Mike Miller versus CUNA case before the Madison Equal Opportunities Commission illustrated the fiery stances of each party.

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CUES, WesCorp Cancel Finance, Economics Institute

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Constitution Staffers Earn NACHA Designation

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December 12, 2006

CUNA, NAFCU Team Up for Capitol Hill Ads

CUNA and NAFCU joined forces to run an advertising campaign in the major Capitol Hill newspapers in the wake of the release of the Government Accountability Office reports on credit union taxation and executive compensation and the independence of NCUA. Publications where it appeared last week included Roll Call, The...

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December 12, 2006

Spreading The Cap Coalition Against Payday Lending Wants Loans Limited in Every State

Working off the recent federal cap on payday loans to military service members, the Center for Responsible Lending, Consumer Federation of America and National Association for the Advancement of Colored People have begun working to get as many states as possible to limit all payday loans to charging interest rates...

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December 12, 2006

Two More Credit Unions Open Wal-Mart Branches; Third-Party Helps Facilitate Deals

The Congressional and banking furor over Wal-Mart Stores' foray into retail banking hasn't dimmed the credit union march into striking deals for more of the in-store branches.

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December 12, 2006

GAO Recommends Agency Specific Changes to Demonstrate Independence; NCUA Balks at Adding Board Members

The Government Accountability Office's study on NCUA's independence as a regulator has not garnered the attention of the one on credit union service to those of modest means, but it too has a story to tell.

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December 05, 2006

NAFCU Drops in On Fed Board For the Holidays

The NAFCU Board will make the trip to Washington again this year to visit with the governors of the Federal Reserve Board and talk credit unions.

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December 05, 2006

Reverse Mortgages Rising

The U.S. Department of Housing and Urban Development endorsed 6,375 reverse mortgages in July and 62,034 through the first 10 months of FY 2006. FHA endorsed 43,131 loans for all of FY 2005. Year-to-date totals represent an 85% increase over the 33,543 loans endorsed during the same period last year.

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December 05, 2006