Regulatory & Compliance

In a late-night session and after extensive procedural maneuverings, the Senate last night approved a $30 billion fund that community banks can access to fund more business loans

CHICAGO - While credit unions face a myriad of challenges, by working hard and smart they can emerge stronger.

Ron Burniske, CEO of Chartway Federal Credit Union has strongly defended his CU's mergers with ailing Utah credit unions against critics in that state who say NCUA gave them short shrift

The recession has hurt community development credit unions but has not knocked them out, according to a report from the National Federation of Community Development Credit Unions

A study from the Pew Health Group has found that the Credit CARD Act has virtually eliminated many of the major card issuer's practices that used to give credit unions a marketing advantage for their own cards.

CHICAGO - The NCUA won't allow the NCUSIF's equity ratio to fall below 1.2% for long because doing so would be "irresponsible,'' NCUA Chairman Debbie Matz said today at a luncheon address at NAFCU's Annual Conference.