Regulatory & Compliance

ST. LOUIS, Mo. -- Citing its growing political influence and grassroots muscle, the Missouri Credit Union Association said Monday it has started "for the first time in its history" formal endorsements of candidates this November.

WASHINGTON -- The American Bankers Association told a judge that the three Harrisburg, Pa.-area credit unions whose field of membership expansions were invalidated should be allowed to keep their new members but not recruit new ones from the illegal FOMs.

SACRAMENTO, Calif. -- California's continuing budget crisis is causing a delay in the appointment of the state's credit union commissioner, said California Credit Union League Director of Political Finance Katie Newton.

WASHINGTON -- Congresswoman Stephanie Tubbs Jones (D-Ohio), a strong supporter of credit unions, died Wednesday evening, a day after suffering a brain aneurysm while driving in her Cleveland district.

WASHINGTON -- Congresswoman Stephanie Tubbs Jones (D-Ohio), a strong supporter of credit unions, died Wednesday evening, a day after suffering a brain aneurysm while driving in her Cleveland district.

WASHINGTON -- Citing the strong work of credit unions in serving the underserved and their record as responsible lenders, NAFCU urged the platform committees of both parties to endorse regulatory relief measures pending before Congress.

WASHINGTON --CUNA and NAFCU have each sent letters to all House members opposing bills that would cap interchange fees.

HOUSTON -- Worried that larger credit unions may have hidden merger intentions, some smaller credit unions may be suspicious of their efforts to assist them.