News

The House passed the Mortgage Reform and Anti-Predatory Lending Act of 2007 (H.R. 3915), sponsored by Brad Miller (D-N.C.), with some amendments prior to adjourning for a two-week Thanksgiving recess.

Eleven local credit unions and the Ohio Credit Union Foundation have joined to provide over $65,000 to the HomeOwnership Center of Greater Dayton to help homeowners keep their homes amid rising foreclosures in the Miami Valley area.

For the sixth year in a row, Mountain America Credit Union "Scores for Schools" by presenting a check for $12,750 to the Washington County School District.

The legal challenge to the IRS's unrelated business income tax interpretations continues on as the UBIT Steering Committee works to educate credit unions on the matter.

The Credit Union Association of Oregon announced its selections for the 2007 Professional and Volunteer Credit Union Advocates of the Year during its 1970s-themed Awards Banquet during CUAO's 71st Annual Meeting & Convention Nov. 8.

Philadelphia Federal Credit Union staffers spent the month of November volunteering their time to help sort food donations for hungry area residents.