A panel of federal judges will meet on May 27 in Louisville, Kentucky, to hear oral arguments on whether lawsuits brought by financial institutions, consumers and investors against Heartland should be rolled into class action cases.

President Obama is scheduled to sign legislation this afternoon that will place tighter restrictions on credit unions and other credit card issuers.

The financial malaise hitting Nevada credit unions and banks "is by no means over" and it is a good thing the state recognized regulatory needs early on, the state's top supervisor, George Burns, said Thursday.

The NCUA today extended its program that guarantees principal and interest of debt issued under the agency's Temporary Corporate Credit Union Liquidity Guarantee Program.