Regulatory & Compliance

WASHINGTON -- CUNA is hosting another conference call to discuss the NCUA's rescue plan for corporate credit unions and the association's reaction to it.

WASHINGTON -- With no Republican support, the House today gave final approval to a $787 billion economic stimulus bill.

WASHINGTON -- The Central Liquidity today provided $2.9 billion in additional in additional money to credit unions participating in the Credit Union System Investment Program, bringing the total to almost $8 billion.

WASHINGTON -- John Reich, the current director of the Office of Thrift Supervision, has announced he will step down before the end of February.

WASHINGTON -- The NCUA today placed Center Valley Federal Credit Union of Wheeling, West Virginia, into liquidation.

WASHINGTON -- While the final version of the legislation has yet to be passed, the federal stimulus package will likely to include $100 million for the Community Development Financial Institutions and thus may be accessible by some credit unions.