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WASHINGTON-NAFCU joined a coalition of associations representing lenders in signing onto a letter requesting a meeting with the Federal Reserve Board and Federal Trade Commission regarding how to handle the risk-based pricing notifications required under the Fair and Accurate Credit Transactions Act. The group fears that the agencies may make...

A name change. Some credit unions may feel like everyone's on the bandwagon, but are unsure of the long-term benefits to the organization. Some may say, `we recognize the need for change, but a name change is a significant move and we're concerned about losing our focus - on our...

Pending Elections, Limited Time Don't Hinder CURIA Co-sponsorship as Two More Sign On WASHINGTON-With upcoming elections and congressional adjournment about a month away, two more lawmakers have signed on as co-sponsors to the Credit Union Regulatory Improvements Act (H.R. 3579). Congressmen Dana Rohrbacher (R-Calif.) and Dan Burton (R-Ind.) were the...

ALEXANDRIA, Va.-NCUA announced last week that it will be holding its fourth annual Budget Briefing and Public Forum Tuesday Oct. 12. NCUA Executive Director Len Skiles will brief the audience of the proposed budget for 2005 and invite public comment. "The NCUA maintains its steadfast commitment to transparency as we...

LATHAM, N.Y. - As an outlet to help invest its business proceeds, the Seneca tribe of American Indians is exploring chartering its own credit union or bank. The New York State Credit Union League reports the proposed financial institution would help the Senecas develop their fledgling mortgage program, created this...

VANCOUVER, Wash. - With a sweep of the board election, Save Columbia Credit Union seems to have prevailed in its fight to keep the credit union from converting to a mutual savings bank. Members of the $660 million Columbia Community Credit Union who were upset by the board's attempt to...

WASHINGTON-CUNA enlisted some political players to address its Election Fair Sept. 22 to discuss how to harness the potential voting power of 85 million American credit union members in an election. Senator Lindsey Graham (R-S.C.) and Congressman Mike Michaud (D-Maine) will be joined by Charlie Cook of The Cook Political...

MADISON, Wis. - With less than three months left in the year, credit unions may still be able to add a total of 1.8 million members for 2004 despite a historically slower membership trend. Credit unions added 138,000 members in July, bringing the year-to-date gain to nearly 1.3 million and...