Co-sponsorship of the Credit Union Regulatory Improvements Act (H.R. 1537) continues to grow.

Even though the Maine Bar Foundation had questions about the use of interest on lawyers trust accounts or IOLTAs by credit unions, the group is pleased with the Maine Supreme Judicial Court's recent ruling that allows expanded use of the accounts.

NAFCU unveiled its new compliance blog yesterday to aid members with their compliance questions.

A Utah chartered credit union that told its members in March that it was contemplating moving to a bank charter has filed an application for the move with the Office of Thrift Supervision.