WASHINGTON - At the request of seven banking and financial groups, the SEC has extended the comment period from Aug. 2 to Sept. 1 for a proposal that would allow credit unions, banks and thrifts to engage in certain securities activities without registering as brokers. The American Bankers Association/ABA Securities...

WASHINGTON - The National Association of Realtors is continuing its ad campaign to ensure its bill to block banks from getting into the real estate brokerage business is passed, and now it's kicked that campaign up a notch with a new ad that criticizes banks' aggressiveness and cites credit unions...

ARLINGTON, Va. - NCUA's proposed rule on conversion disclosures is unlikely to stop many interested credit unions from trying to change their charters, but it might make getting their members' approvals more difficult, according to various sources familiar with the current conversion process. At its July 22 meeting, the two-person...

PORTLAND, Ore. - Northwest Corporate Credit Union said it has seen a 50% increase in term investments from its members during the last six months. "We made some changes to our investment strategies with the goal of passing on the benefits to members. With the new strategy in place we...