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ALEXANDRIA, Va. - The Texas Credit Union Department recently sought clarification on its authority to apply a general lending rule to waive requirements found in the state's member business lending rule. In a July 9 opinion letter to Harold Feeney, the state's commissioner, NCUA Associate General Counsel Sheila Albin wrote...

LAS VEGAS - Nevada's largest state chartered credit union converted from federal insurance to private insurance, becoming American Share Insurance's second largest client. Silver State Schools Credit Union, with $647 million in assets, is the third credit union to join American Share Insurance this year. ASI President and CEO Dennis...

WASHINGTON - Members of Congress fled Washington, D.C. last week for the start of the August recess, which is typically used for district work. The Democrats are spending their first week outside the Beltway in Boston for the Democratic National Convention, where representatives of the credit union movement are taking...

MADISON, Wis - Malahat Group International (MGI), the advertising agency behind the national brand campaign for America's Credit Unions since 1998, is moving into Madison with former CUNA Director of National Marketing Annette Hartung. Hartung is the new U.S. Account Director for the 26-year-old agency, which has done work for...

WASHINGTON - CUNA has designated September as `National Hike the Hill' month, and CUNA's tallies at press time show more than 40 state credit union leagues have indicated they will be bringing representatives to Washington for the month-long event. The focus on September's `National Hike the Hill' will be to...

ALEXANDRIA, Va. - Last week, NCUA alerted credit unions to changes to Treasury's Office of Foreign Assets Control's Specially Designated Nationals and Blocked Persons List. "All credit unions remain responsible for ongoing review of the SDN list, which includes both individuals and countries," Regulatory Alert 04-RA-10 read. A current SDN...

GREENSBORO, N.C. - First Carolina Corporate is the latest corporate to partner with Mid-Atlantic Corporate's subsidiary MY CUr Services, LLC for its electronic bill pay services. MY CUr Services is one of the most successful corporate CUSOs in terms of partnering with other corporates to offer their members its products....

Bankers in Wisconsin will soon have to pay up after regulators find them sheltering taxes through Nevada subsidiaries. Page 6.