Lawmakers' expressed interest in the National Credit Union Administration's risk-based capital proposal, as heard during a Tuesday House Financial Services Committee hearing, is a "terrific development," CUNA President/CEO Bill Cheney said. More
Representatives from federal financial regulatory agencies at Tuesday's House Financial Services Committee hearing on regulatory burdens agreed with Rep. Gregory Meeks' (D-N.Y.) assertion that one-size-fits-all regulations are bad for institutions and consumers. More
Two recent newspaper articles describe how credit unions are among the financial institutions using interactive tellers to reach wider range of consumers with fewer resources, including less physical space. More
A savings competition coordinated by a Wisconsin-based credit union was pegged this week by an ABC News consumer correspondent as a great example of how consumers can achieve their savings goals. More
Utah credit unions reported 16.5% growth in loan originations during 2013, more than double the national credit union average of 6.2% for the year, according to the Utah Credit Union Association. More
The Senate Judiciary Committee sent out notice Tuesday to postpone its scheduled 2:30 p.m. (ET) markup of a patent reform bill known as the Patent Transparency and Improvements Act (S. 1720). More
Interactive reality fairs are not only effective ways to introduce financial education to students, they also are great ways for credit unions to get media coverage for their financial education efforts, especially during National Financial Literacy Month. More
With the help of lower loan rates, higher saving rates and lower fees, members of Georgia credit unions chopped $124 million off of what they would have paid had they purchased these services from banks in 2013. More
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