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Trades Push on CARD

By Peter Westerman

CUNA and NAFCU are working with the Federal Reserve to get it to change the provisions of rules on interest rates and notification of customers that will be used to enforce the credit card law passed by Congress last year.

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The Road Ahead for CUs Need Not Include a Cut and Run to Bank Charters

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NCUA Meets On NCUSIF

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Regulatory & Compliance Stories

February 02, 2010

Recession Stifles Risk, Members Cling to Conservative Investments

Rather than having to pull rabbits out of his hat in 2009, Scott Boyd took a conservative yet diverse approach to buffer his mostly older clients against an unstable economy.

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February 01, 2010

Texans CU CUSO Receives $40 Million in CRE Suit

Credit Union Liquidity Services LLC, previously known as Texans Commercial Capital, has been awarded more than $40 million in a suit involving a defaulted Illinois property loan, according to Texans Credit Union.

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February 01, 2010

CU-to-Mutual Conversions Now Part of Virginia Bank Fight

The Virginia Credit Union League said it is working on a compromise bill in the state legislature dealing with CU-to-mutual conversions.

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February 01, 2010

Trades Disappointed in CU Exclusion from Obama Bank Plan

CUNA and NAFCU both complained about the exclusion of credit unions from President Obama's proposed $30 billion program to provide capital for community banks.

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February 01, 2010

CUNA Eyes Virginia Battle Over Banks Buying CUs

CUNA said Tuesday it is "watching very closely" a legislative battle brewing in Virginia over banker-backed proposals for banks to buy credit unions.

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February 01, 2010

New York Fight Heats Up Over Public Funds

Skirmishing between credit unions and the banking lobby over public fund deposits began this week in the New York legislature.

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January 31, 2010

WOCCU Coordinating Basel II Response

For the second time, the World Council of Credit Unions is asking for input to present to a global authority.

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