Even as Democrats took the stage at NAFCU's 2007 Congressional Caucus and promised not to tax credit unions, Republicans got up and warned participants of the tax increases that could reach credit unions.

In a move to cut costs and reduce duplication for member credit unions, the Montana Credit Union Network convened this week for its first-ever system-wide conference for corporates, CUSOs and service firms under a new umbrella designation.

NAFCU says it looks forward to continuing its work with the Small Business Administration and recently gave props to the agency for wanting to get feedback on its Draft Fiscal Year 2008-2012 Strategic Plan.

The Treasury Department and the Internal Revenue Service announced today a Dec. 31, 2008 deadline to bring documents into compliance with the final nonqualified deferred compensation regulations under section 409A of the Internal Revenue Code.