NCUA Chairman JoAnn Johnson will be testifying before the House Financial Services Committee Wednesday on mortgage reforms.

Marking what it believes is a credit union first using interactive TV, the $150 million Charlotte Metro Credit Union disclosed today it has been testing a 30-second interactive ad on Time Warner Cable stations in which viewers hit a special remote to view a longer Charlotte Metro commercial.

The president/CEO of the $143 million Superior Choice Credit Union, targeted by Wisconsin bankers last week for its Norlarco participation loans, said today the CU's "strong, well capitalized position" speaks for itself with no need to get into any verbal fisticuffs to counter a media blast.

Representatives from credit unions were among the attendees at a seminar today by the Department of Labor on how employers can better understand and comply with rules and regulations governing employer-sponsored 401(k) plans.