Regulatory & Compliance

If Governor Eliot Spitzer signs the legislation, New York will become the first state in the country to have Community Development Financial Institutions program of its own. Both houses of the New York legislature have passed a bill that would authorize the program, according to the New York State League,...

DENVER -- The planned acquisition of the failed New Horizons Credit Union of Denver by Texas-based Security Service Federal Credit Union gives the San Antonio CU a chance to broaden its Colorado footprint making it one of the largest CUs in the state, officials of Security Service FCU said Monday.

LATHAM, N.Y. -- Heeding alarms sounded here and elsewhere over the continuing decline in league membership impacting industry service and performance, CUNA disclosed Monday a special "Affiliation Task Force" met last week to plot ways to halt the CU member slide at leagues.

OKLAHOMA CITY -- Lisa Finley, the president/CEO of the Oklahoma Credit Union League, is no longer with the association, her formal departure reportedly effective at the end of the month, it was disclosed Monday.

WASHINGTON--CUNA President/CEO Dan Mica was presented with the CEO Outstanding Communicator Award presented by the Cooperative Communicators Association.

WASHINGTON--The Government Accountability Office is hosting an all-day forum today on the potential consolidation of the financial services regulators, among other things.

WASHINGTON -- The Office Of Thrift Supervision has approved the application of the $1.3 billion Think Federal Credit Union, headquartered in Rochester, Minnesota to convert to a mutual savings bank.

WASHINGTON--The Credit Union Regulatory Improvements Act (H.R. 1537) is on the cusp of reaching the centurial mark.