Oregon credit unions this week are celebrating several key victories in the state legislature including passage of bills to clean up language on nonmember products, allowing CUs to receive homeowner and condo association deposits and new oversight on financial literacy.

Wal-Mart's first effort to reach out to underbanked and unbanked customers does not offer them such a good deal, according to a firm trying to compete in the same space.

In a draft report scheduled to be discussed at Senate oversight hearing today, the Small Business Administration's Office of the Inspector General criticizes the agency for canceling more than 7,700 "approved" disaster assistance loans to those business owners impacted by 2005's deadly hurricanes.

NCUA Director of Examination & Insurance Dave Marquis told a congressional subcommittee today that NCUA watches out for discriminatory practices in a number of ways and that it is a priority at the agency.