NAFCU President Fred Becker today asked the Senate Banking Committee to take "immediate action" on NCUA's proposal to create a stabilization fund for corporate credit unions but suggested changes to the plan, including expanding the repayment period.

The improper use of private annuity and foreign trusts and individual retirement account abuses are among the top scams in the Internal Revenue Service's "Dirty Dozen" list.

Making good on a campaign promise, President Obama is expected today to ease money transfer and travel restrictions for Cuban Americans with their native country and allow greater satellite communications between the countries.

Payday lenders are attacked a piece of federal legislation aimed at protecting consumers from so-called payday loans by noting overdraft protection plans do not face similar regulations.