Regulatory & Compliance

WASHINGTON -- Three Harrisburg, Pa.-area credit unions would be allowed to keep their new members but not recruit additional ones in their expanded field of membership, according to a proposed remedy the NCUA yesterday agreed to with the American Bankers Association.

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.