Senate Banking Committee Chairman Christopher Dodd (D-Ct.) is scheduled to announce his proposal for restructuring financial services regulation at noon tomorrow.

Credit union donations to help the victims and families of the Fort Hood shooting massacre were starting to pour in from across Texas and the U.S. Monday with special accounts being set up by foundations and individual CUs.

President Obama on Friday signed a bill giving credit unions and other financial institutions more flexibility on providing notification to consumers about non-credit card accounts.

Members of the $1.3 billion Constitution Corporate FCU now own a $2.4 million deficit that's guaranteed by the National Credit Union Share Insurance Fund.