WASHINGTON - A coalition of consumer and community development groups, including the National Community Reinvestment Coalition and the Consumer Federation of America, have petitioned the Federal Reserve to shut down the payday lending operation of a Federal Reserve bank. The First Bank of Delaware is a state-chartered bank owned by...

WASHINGTON-Reauthorization of the Fair Credit Reporting Act is going to dominate activity among Washington lawmakers concerned with financial services a great deal throughout the rest of the session, CUNA Vice President of Legislative Affairs and Senior Legislative Counsel Gary Kohn predicted. Two hearings on the reauthorization of certain provisions of...

Keesler Federal Credit Union, Biloxi, Miss., has elected the following officers to its board: Don McCormick, chairman; Dean Todd, vice chairman; Cynthia Payne Childers, treasurer; and James Doyle, secretary. In addition, KFCU has elected the following directors: Tommy Adkins, Gerald Caldwell and Joe Vanhooser. KFCU Supervisory Committee members include its...

Mike Welch's April 9th column, "Putting a Little Bounce in Checking Accounts" was right on. In November 2001, following 9-11 with many members deployed and called up, we decided to begin overdraft protection (ODP) for them and their spouses. With all of their problems, we didn't want a spouse burdened...