Regulatory & Compliance

Despite ongoing federal court proceedings addressing its actions, the NCUA has moved forward with the liquidation of the $780,000 Kappa Alpha Psi Federal Credit Union.

Because of Florida Gov. Charlie Crist's decision to leave the GOP and become an independent, CUNA has provided financial support to more than one Senate candidate in the Sunshine State.

The next time President Obama discusses ways to stimulate business lending he would "provide a critical boost" to credit unions by urging a raise in the cap on member business lending.

For the $180 million Gateway Metro Federal Credit Union of St. Louis, the path to reaching the youth market leads to more mergers of small, faith-based CUs, its president/CEO, David Barton, said last week.

A day after new regulations from the new CARD act went into effect, credit unions are getting media support on getting exemption from Federal Reserve interchange rate rules.

The U.S. Attorney for Colorado has filed a notice of intent to appeal the court's decision in April that Bellco Credit Union does not have pay unrelated business income tax on its income from credit insurance and other areas.