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ALEXANDRIA, Va.- In a unanimous vote, the NCUA Board last week approved a final rule to increase the disclosures required for credit unions converting to private insurance, but did not go as far as the original proposed regulation. "NCUA made some accommodation," NASCUS President and CEO Mary Martha Fortney commented...

So much for being in the credit union prediction business. Even before the New Year's Eve hats and horns were put away, Credit Union Times' eagle eyed editorial staff learned that another large credit union had decided to begin the new year by going down the same path that recent...

LATHAM, N.Y.-The year 2005 promises to be a busy one for members of the New York State Credit Union League (NYSCUL). As state legislators gear up for the new session, league representatives are laying the groundwork for several key issues approved by the league board as its top priorities. "It...

ALEXANDRIA, Va. - Beginning in a couple of weeks, credit unions seeking to convert to mutual banks will have to present their members with significantly targeted information about both their conversion efforts and the impact they may have on their members. According to the final version of the NCUA's conversion...

DULUTH, Ga. -One could say Georgia Federal Credit Union has arrived. The over $354 million credit union and its President/CEO Warren Butler have been featured in Gwinnett's Who's Who Magazine. In a two-page article entitled "Credit Unions - Where People Are Worth More Than Money" published in the magazine's October...

COMMERCE, Calif. - Add Certified Federal Credit Union to the list of credit unions offering member business loans. The $42 million credit union has signed on with J.R. Bruno & Associates to kick start the new lending program. It serves mostly members of California's grocery industry employees and the community...

ALEXANDRIA, Va.-The NCUA Board approved the continuation of the 18% interest rate ceiling for credit union loans and lines of credit effective March 9, 2005 through Sept. 8, 2006. By law, credit unions are permitted to make loans at up to 15% interest, but the agency can up that number...

ARLINGTON, Va. - In a move which could help ease the worries of credit unions about card data security, Visa and MasterCard have teamed up to generate one uniform standard for merchants and merchant processors who accept transactions from either one of their card brands. In a rare joint interview,...