WASHINGTON -- Federal credit unions would be allowed to apply to serve underserved areas and loans in those communities and to religious non-profit institutions would not count against their member business loan cap, as a result of a compromise regulatory reform bill introduced last night in the House.

WASHINGTON -- The NCUA Board voted today to seek comments on a host of regulations governing member business loans.

WASHINGTON--The subcommittee that oversees NCUA's budget has increased the budget of the fund used to help low-income credit unions.

WASHINGTON -- The CUNA Mutual Group Board of Directors has elected a retired consultant and a credit union president to its board.

WASHINGTON-- Eleven credit union professionals and volunteers from Minnesota met with members of the state's congressional delegation and with NCUA Board Chairman JoAnn Johnson during a Hike the Hill from June 3-5.

WASHINGTON -- Six individuals, two credit unions and 14 credit union marketing entries have won NAFCU's 2008 Award programs and will be honored at the group's annual meeting next month in San Diego.

WASHINGTON -- Even though nothing has been formally proposed, credit unions are trying to ensure that Charleston, W.Va., doesn't use its new taxing powers to tax them.

WASHINGTON -- In the political equivalent of Ohio State and Michigan setting aside their differences, credit unions and community banks are on the same page in opposing a proposed overhaul of financial regulation put forth by the Treasury Department.