Many credit unions see examinations as necessarily evils. CUNA is hoping to make the process more tolerable and fair.

The NCUA's proposal to encourage corporate credit unions to charge fees to non-federally insured entities is contrary to the intentions of the law and the notion that such payments would be voluntary is "disingenuous."

The Federal Reserve's proposed rule regulating interchange will be the subject of a Feb. 17 hearing of the House Financial Services Committee's Subcommittee on Financial Institutions.

Credit unions could get a reprieve from the requirement that they book their loans at their current value on their balance sheets, as a result of decision made today by the Financial Accounting Standards Board.

WASHINGTON - Senate Minority Leader Mitch McConnell threw cold water on the likelihood that the Senate might revisit the interchange amendment that was passed as part of last year's financial overhaul bill.

Restricting credit unions to one corporate credit union and requiring boards to disclose more information about their votes aren't issues that the NCUA should regulate with regards to state-chartered credit unions.

CUNA has serious concerns with several key parts of the proposed corporate credit union rule, including a limit on the number of corporates a credit union can belong to and encouraging a fee to entities not federally insured.

Former CUNA President/CEO Dan Mica has launched a consulting firm that will provide advice on government relations, credit union operations and related topics but he's not planning on being a registered lobbyist.