SAN DIEGO -- So far, the credit unions that have failed as a result of the economic downturn have had relatively few assets; however, the NCUA told San Diego Town Hall attendees today that will change next year.

SAN DIEGO -- Allowing corporates to require paid-in capital as a condition of membership is among the new regulations under consideration by the NCUA.

Credit unions that want additional information on relevant sections of the Federal Reserve's proposed rules for implementing additional provisions of the Credit CARD Act can access a breakdown of provisions of the rules at NAFCU's Compliance Blog.

Alabama's top credit union regulator has had to apologize for what he said were printed claims and "misunderstandings" about board actions in the $193 million Mutual Savings collapse and state takeover.