CUNA wants a pared down corporate credit union system that requires little new capital from natural person credit unions.

Crescent Credit Union, Brockton, Mass., announced that after eight years as chairman of the credit union's board of directors, Herbert S. Nagle is passing the gavel to newly elected Chairman William Rosa.

CUNA wants consumer advisory language strengthened in the proposed guidance regarding reverse mortgages while NAFCU would like to see additional guidance on what information must be included in advertisements.

Credit Union Times asked leaders of some of the industry's business lending CUSOs, "What will be the greatest challenge and opportunity for credit unions and their business lending programs in 2010?"