WASHINGTON-The Federal Reserve Board has approved the proposal of Zions Bancorporation to purchase Amegy Bancorporation and its subsidiary bank in Houston, Texas. Zions President Harris Simmons has been a staunch critic of the credit union tax-exemption and has publicly stated that his bank's record profits have been hurt by credit...

By now, most credit unions are beginning to realize the value of keeping their credit card portfolios. Fewer credit unions treat their credit cards as orphans and steadily greater numbers of credit unions have created Card Services and Electronic Services departments. In this day and age of emerging electronic payment...

ATLANTIC CITY, N.J. - The New Jersey Credit Union League had a difficult year on the leadership front, said NJCUL Chairman Rina Pantano, but she believes the league is now positioned to make progressive strides. The league's problems stemmed from former CEO Tom Shaughnessy, who was fired last year for...

Looking back eight years ago finds former NCUA Director of Examination and Insurance D. Michael Riley issuing a call to action for NCUA to update its regulatory relief efforts. "We have an agency for most credit unions.a federal agency-the NCUA-which is regulating and supervising like it was 1970," said Riley....