State leagues and credit unions are making the most of the last days before Congress goes into its mid-term election recess with Hike the Hill visits and meetings with their federal regulator.
The three lawmakers present at Wednesday's
forum, sponsored by CUNA, agree on at least one thing: that credit unions are an integral part of the country's financial services landscape.
The top Democrat and Republican of the Senate Banking Committee are asking the Federal Housing Finance Agency to apply the brakes on a recent proposal that would change Federal Home Loan Bank membership rules.
Today's National Credit Union Administration board meeting only has a few items on the agenda, but it is the first meeting with new board member J. Mark McWatters, who replaced Michael Fryzel in August
The Federal Open Market Committee announced Wednesday that interest rates likely will be held low for a "considerable time" after the asset-purchase program ends, which the Federal Reserve expects will happen next month.
As security breaches such as the one at Home Depot make both consumers and financial institutions more wary of existing fraud prevention technology, credit unions have begun issuing cards equipped with the Europay-MasterCard-Visa technology standard to their members.
Comments are due by Sept. 22 on the Consumer Financial Protection Bureau's consumer complaint narrative proposal, CUNA reminds credit unions.
Remember to take the readership survey from
, the daily online news publication from CUNA, before the Friday deadline.