Regulatory & Compliance

LAS VEGAS -- Nevada credit unions were considering plans Monday to stoke up safety soundness communication with members at branches and on Web sites following the failure last Friday of the $3 billion Silver State Bank, sold under a FDIC-arranged purchase deal with Zions Bancorp of Utah.

WASHINGTON -- The government takeover of mortgage giants Fannie Mae and Freddie Mac was necessitated in part by Congress' inaction, White House Press Secretary Dana Perino said today.

WASHINGTON -- Seeking to avoid even further damage to an already battered housing market, the government on Sunday took control of Fannie Mae and Freddie Mac.

LAS VEGAS -- Nevada credit unions were considering plans Monday to stoke up safety soundness communication with members at branches and on Web sites following the failure last Friday of the $3 billion Silver State Bank, sold under a FDIC-arranged purchase deal with Zions Bancorp of Utah.

WASHINGTON -- Weeks before a scheduled hearing on back and front pay and benefits, CUNA and a former senior executive have reached a settlement in the wrongful termination lawsuit.

ST. PAUL, Minn. -- In the case of the second time being the charm, Sen. John McCain is scheduled to accept the GOP nomination for president tonight, the closing session of this year's Republican National Convention.

SACRAMENTO, Calif. -- The data breach law that the California legislature has passed and sent to the governor does not include a requirement that retailers who experience a data breach reimburse card issuers for the costs of replacing the compromised cards, according to a California credit union lobbyist.

ALEXANDRIA, Va. -- NCUA Chairman Michael Fryzel announced today that Sarah Vega will take on the role as chief of staff and senior policy adviser to the chairman.