CUNA's PAC had $270,933 in its coffers as of last week and NAFCU's PAC had $215,631, according to reports they filed this week with the Federal Election Commission.

ALEXANDRIA, Va. -- Making the regulatory process more straightforward and transparent and improving the workplace environment are among the NCUA's top priorities for the next five years.

CUNA's political action committee made more than $100,000 worth of independent expenditures this week, bringing its total since September to $837,328, according to reports filed with the Federal Election Commission.

The failure of U.S. Central Federal Credit Union was caused by the risky investment practices of its management and by insufficient examinations by the NCUA and weak regulation.

The NCUA announced the dates of its 2011 board meetings.

ALEXANDRIA, Va. -- Well-capitalized CAMEL 1 and 2 federal credit unions will have stricter rules on fixed assets, stress testing and member business loans, as a result of the NCUA Board's decision today to change regulatory flexibility in several areas.

The NCUA closed Phil-Pet Federal Credit Union after determining that it is insolvent and transferred its assets to Pantex Federal Credit Union.

House Financial Services Committee Chairman Barney Frank (D-Mass.), who is facing a stronger than expected reelection challenge, lent his campaign $200,000.