ALEXANDRIA, Va. -- From the new rules for corporate credit unions to the impact of the recession on natural person credit unions, NCUA Chairman Debbie Matz faces an array of issues during her first few months at the agency.

Consumers began opening their wallets a bit more in August, following several months of mostly sluggish sales figures.

The Internal Revenue Service let yesterday's deadline for appealing the verdict against it in the lawsuit filed by Community First Credit Union pass without appealing.

President Obama today used the one-year anniversary of the collapse of Lehman Brothers to urge passage of tougher regulations on financial services to decrease the likelihood of another collapse of the global financial system.

The Consumer Federation of America today cited the one-year anniversary of the collapse of Lehman Brothers and the financial problems it caused as a reason for a new agency to regulate financial products and other pro-consumer actions.

The NCUA will likely propose stricter rules to regulate allowable risks for corporate credit unions but won't specify the number of corporates that will remain, NCUA Chairman Debbie Matz told Credit Union Times last week.

Six credit union CEOs, a league CEO and CUNA President/CEO Dan Mica were named today to the committee that will lead the search for Mica's successor.

A greater percentage of Americans were in poverty last year and more lost their insurance coverage last year because if the recession, according to data released yesterday by the Census Bureau.