Regulatory & Compliance

WASHINGTON -- The FDIC announced in a legal opinion letter on Nov. 13 that it will insure the money placed on gift cards and other prepaid cards issued by banks.

WASHINGTON - The Senate comes back today and the House later this week for a session at which lawmakers will consider measures aimed at lessening the impact of the current economic crisis.

BROCKTON, Mass. -- Not only did a delegation of Kenya credit union leaders get to celebrate the achievement of their native son, President-elect Obama,

ALEXANDRIA, Va. -- The NCUA is to discuss and vote on its budget, discuss several rules changes and hear a report on the health of the National Share Insurance Fund at its meeting next Thursday.

WASHINGTON - NCUA Chairman Michael E. Fryzel today asked senior members of the House and Senate banking committees to support efforts to persuade Treasury Secretary

WASHINGTON -- Saying that the economy has validated the need for capital reform, CUNA and NAFCU have agreed to work together to urge lawmakers and regulators to change the rules.

WASHINGTON -- The sluggish economy prompted consumers to spend less. Or, when the going gets tough, apparently the tough don't shop.

WASHINGTON - CUNA and NAFCU today redoubled their efforts to get the Bush administration to reverse its decision not to buy troubled assets.