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ALEXANDRIA, Va.-NCUA has posted its new Internet field of membership application codifying the most recent changes to the FOM regulations. At its March meeting, the NCUA Board approved its most recent amendments to the FOM chartering manual, including an increase for credit unions permitted to apply online from 500 potential...

The housing market may be booming but is anyone still building equity in their home? According to Freddie Mac, over the years more and more Americans are siphoning cash out of their homes. Here is a 10-year look at the total equity withdrawn through cash-out refinancing:

ALEXANDRIA, Va.-NCUA Board Member Deborah Matz recently announced that the agency's next PALS-Partnering and Leadership Successes-workshop will be held in Durham, N.C. on July 8. The workshop, Making the Latino Connection: A PALS Workshop for Credit Unions, is focused on sharing ideas for serving Latino communities within credit unions' fields...

BAYTOWN, Texas - Since December 2002, when Community Resource Credit Union's name change was approved by the state, the credit union has been busy implementing a series of changes to establish a new identity for the institution. Changes include the introduction of shared branching, the public announcement of the name...

MAITLAND, Fla. - Movie theaters, fast food restaurants, pay phone booths, public transit vehicles, parking spaces, vending machines and laundromats are the leading places American consumers use their debit cards in place of cash, according to a recent survey conducted by Star Systems, the Florida based electronic funds network subsidiary...

WASHINGTON - A bill that would strengthen the Securities and Exchange Commission's enforcement powers and increase its ability to return funds to defrauded investors was recently introduced by House Financial Services Committee Chairman Michael G. Oxley (R-Ohio) and Capital Markets Subcommittee Chairman Richard H. Baker (R-La.) "There are two purposes...

CHICAGO - United Airlines Employees' Credit Union, which once epitomized the single sponsor structure, has joined a growing list of CUs rapidly expanding their field of membership and reaching out to a broader cross-section of individuals and occupation groups. The $4-billion Chicago-based credit union insists it remains committed to the...

WASHINGTON-The Department of Homeland Security issued a statement to governments at all levels, as well as potential target industries to be on high alert. Following the terrorist bombings in Saudi Arabia and Morocco, intelligence sources have indicated that a target inside the United States could be next. Financial institutions, as...