Apprehension about where the economy is heading could be one of the factors behind a continued increase in credit union mergers.

Treasury Secretary Timothy Geithner told a Senate panel today that the Obama administration's plan to overhaul financial regulation was needed to avoid another financial meltdown but some Republicans complained that the plan was too far reaching.

Credit union political advocacy is getting a shot in the arm in New Mexico next month with appearances by the state's secretary of state at CU branches as part of a first-time voter registration campaign.

CUNA is certain its grassroots effort this spring, including 20,000 e-mails and phone calls to the NCUA and lawmakers, helped turn the tide to get the corporate stabilization law signed by President Obama.