News

SHREVEPORT, La. -- The three incumbents up for reelection on the African American Credit Union Coalition's board of directors will keep their seats.

WASHINGTON -- When the heads of 17 trade associations met Wednesday with top Senate Democrats to discuss political and legislative priorities, the credit unions were not represented.

WASHINGTON -- The NCUA is scheduled to unveil proposed changes to its rules on Prompt Corrective Action and on the definition of Post Merger Net Worth at its meeting next Thursday.

RANCHO CUCAMONGA, Calif. -- The California and Nevada Credit Union League's research and information hotline has been ringing off the hook this week with calls from member credit unions seeking to clarify NCUA share insurance details, said Henry Kertman, vice president of public affairs.

DULUTH, Ga. -- Georgia Credit Union Affiliates has tracked a number of credit unions across the state that are helping members stay afloat in the midst of a tidal wave of high gas prices, rising food costs and other recession-like signs.

PHILADELPHIA -- The U.S. Third Circuit Court in Philadelphia ruled in the favor of Pennsylvania State Employees Credit Union yesterday on an appeal the credit union made to a breach of contract claim against BJ's and Fifth Third Bank.