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WASHINGTON-Three more legislators jumped on as co-sponsors to the Credit Union Regulatory Improvements Act (H.R. 3579), bringing the official number of supporters to 55, including the bill's primary sponsor Congressman Ed Royce (R-Calif.). On June 9, Representatives Grace Napolitano (D-Calif.), John Larson (D-Conn.), and Tim Bishop (D-N.Y.) added their names...

ALEXANDRIA, Va. - Canadian authorities have filed felony charges against two Jamaican nationals suspected in a scam using phony credit unions in the United States to bilk consumers out of millions. Both men, Leslie Card, 35, and Kevin Card, 33, were arrested June 10 and booked on 22 felony charges...

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WASHINGTON-Credit unions and other lenders have been fighting to reform bankruptcy protection laws for several years now and credit union lobbyists have said, though it is not impossible, it is unlikely bankruptcy reform legislation will be signed into law this year. Still the credit union trade associations are pushing just...

MADISON, Wis. - Addressing the 2005 MBA Class of the London Business School, World Council of Credit Unions President/CEO Arthur Arnold challenged the next generation of world leaders to address the disconnect between "Macro" policies and "Micro" needs and to focus on Micro approaches to development. "The only way to...

BOULDER, Colo.- U of C FCU inked a partnership with Automotive Avenues, Inc. (AAI) that gives the CU's more than 74,000 members enhanced options when financing their auto loans through the credit unions. Instead of U of C FCU members purchasing their vehicles through the traditional franchise dealership, the CU's...

WASHINGTON-CUNA has developed its Anti-Fraud Tool Kit to help protect credit unions and their members from entities posing as legitimate credit unions. After much back and forth with NCUA, NASCUS, the Department of Justice and the Federal Bureau of Investigation, CUNA has created its tool kit, available to CUNA members...

SALT LAKE CITY - Even if it is an off-year with politicking under way in the hotly contested governor's race, a panel of the Utah legislature appears ready to air credit union taxation once again. After an eight-month hiatus, the legislature's Financial Institutions Task Force created under the defeated 2003...