Credit union executives interested in learning about the implications of the outside audits of the NCUA released last month can sign up for Thursday's webinar sponsored by the consulting firm Callahan & Associates.

Moving the legislative process one step closer to completion, Sen. Scott Brown (R-Mass.) announced today he plans to vote for the regulatory overhaul bill.

CUNA and NAFCU are redoubling their efforts to lobby senators to support an amendment by Sen. Mark Udall (D-Colo.) that would raise the cap on member business loans from 12.25% of assets to 27.5% of assets.

Senate leaders haven't made a commitment to allow Sen. Mark Udall (D-Colo.) will be allowed offer his amendment to raise the cap on member business loans for credit unions, his spokeswoman said today.

Consumers appeared reluctant to take on additional credit as concerns persist about the pace of economic growth.

Comptroller of the Currency John Dugan announced today he will leave office when his term expires on Aug. 14.

Home buyers have an additional three months to close on the purchase to take advantage of the tax credit, as a result of legislation passed by Congress late last week..

Referring to credit unions as "taxpayer subsidized," the Independent Community Bankers of America wrote senators that raising the cap on member business loans would "be an unfair and ineffective means of increasing small business credit."