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AUSTIN, Texas - Roughly 66,000 former policyholders of Members Mutual Insurance Co., a firm that provided insurance to credit union members, will receive their share of a $13.8 million sum in receivership. A district court placed the now-defunct property and casualty insurer in receivership when it closed down in 1992...

WASHINGTON - Some credit unions that would be otherwise eligible for deferred exams under the NCUA's risk based exam schedule program may not have their exams deferred in order to keep some of NCUA's examiners occupied, according to Robert Blatner, NCUA's Region VI Director and administrator of the risk based...

WASHINGTON - The NCUA Board's approval last year of its incidental powers regulation was hailed by credit unions for the increased service options it provides credit unions and the opportunity it affords them to boost earnings. But what are the regulation's provisions and how can federal credit unions use them...

WASHINGTON - Late February 27 the Bush Administration announced that it had sent the necessary paperwork for Deborah Matz's nomination to the NCUA Board to the Senate for confirmation. Senate Banking Committee Chairman Paul Sarbanes (D-MD) is on record as saying that both Matz and JoAnn Johnson will face confirmation...

TAMPA, Fla. - Who says it doesn't pay to be honest? Suncoast Teachers Federal Credit Union has joined others here in rewarding two teenagers for their honesty. Thirteen year-olds Jarvarious Jones and Oscar Carter found four envelopes stuffed with $4,000 cash and turned it in to an assistant principal at...

WASHINGTON - Representatives from the World Council of Credit Unions, credit unions and leagues were on hand Feb. 23 at the Mexican Cultural Institute to witness and celebrate a special WOCCU People-to-People Partnership signing ceremony between Caja Popular Mexicana, the California Credit Union League, the Texas Credit Union League and...

WASHINGTON - New NCUA Board members JoAnn Johnson and Deborah Matz each highlighted their links and histories with credit unions in making their inaugural speeches to CUNA's 2002 GAC. Matz is a member in three credit unions and has a financial analysis background, and credit unions were instrumental in launching...

TAMPA, Fla. - It is tax time, and GTE Federal Credit Union has partnered with H&R Block to offer members special savings coupons. GTE FCU members will receive a $15 discount on tax preparation services performed at any H&R Block retail office location, $30 discount for Premium services and on-line...