In a move reflective of the trend toward regional state leagues, a coalition of Mid-Continent trade groups is meeting in Oklahoma City to look at forming a CUSO to handle combined accounting and human relations functions.

At a White House briefing yesterday, NAFCU President Fred Becker thanked President Obama for acknowledging the credit union industry's role in small business lending.

Corporate America's lawsuit against U.S. Central Federal Credit Union claims the corporate had counted on selling its impaired investments to the U.S. Treasury Department through the TARP while it was soliciting PIC II conversions from member corporates.

Credit card issuers with fewer than 2 million credit cards in circulation-including most credit unions-won't have to comply with the CARD Act earlier than planned, as a result of an amendment approved by the House Financial Services Committee.