WASHINGTON - While the details need to be worked out, Congress is likely to approve President Obama's plan to create a new agency to regulate consumer financial products, Rep. Paul Kanjorski (D-Pa.) said today at NAFCU's Congressional Caucus.
With all the ballots cast, the members of the $54 million KV Federal Credit Union await the count to see if they have decided to end their credit union's independent existence.
Eastern Financial Florida Credit Union, a division of Space Coast Credit Union, has closed an underutilized branch, will be moving another and will be cutting Saturday hours at four others.
Reflective of the push to cut conference and travel expense, three East Coast leagues disclosed that they are considering a joint annual conference in 2011 shedding stand-alone conventions.
WASHINGTON - Credit unions should use the upcoming economic rebound to find ways to better serve their members, NCUA Board Member Michael Fryzel told NAFCU Congressional Caucus attendees today.
If current suits and investigations produce a legal precedent, will the NCUA sue the three major credit ratings agencies to recover losses suffered by Western Corporate Federal Credit Union and others?