Credit unions and their representatives, as well as banks and their respective organizations, weighed in on NCUA's proposed changes to its Field of Membership and Chartering Manual from their own unique perspectives generating dozens of comment letters.

Responding to NAFCU's letter to Washington's Department of Financial Institutions recently that private primary deposit insurance "threatens" the dual chartering system, NASCUS stated that the state regulators can handle oversight of their credit unions.

CUNA Mutual Group Senior Vice President Larry Blanchard, chair of the UBIT Steering Committee, asked for credit unions to volunteer as plaintiffs in a lawsuit the committee is preparing during NASCUS' State Summit today.

NAFCU President/CEO Fred Becker decided that writing the Treasury Secretary and the IRS Commissioner was not enough and has taken his arguments in favor of the tax-exemption all the way to the White House.

Ryan Donovan, a former congressional chief of staff and current credit union lobbyist, will become CUNA's vice president of federal legislative affairs effective Sept. 4.

Two delegates from the Maryland & D.C. Credit Union Association, through the World Council of Credit Unions, have returned from Nicaragua after sharing ideas with the fledgling credit union system there on governance.

NCUA has created "The Resource Connection" on the agency's home page, www.ncua.gov, as a central location to access and share information on credit union business practices, partnership resources, funding and training opportunities.

After 16 months as CUNA's vice president of legislative affairs, Dean Sagar will be leaving the organization at the end of August.