WASHINGTON (3/12/14, UPDATED 2:32 p.m. ET)--A national search for a new president/CEO of CUNA will be launched immediately, the association's chairman said, to find a successor to Bill Cheney, who is returning to California in June to be president/CEO of SchoolsFirst FCU in Santa Ana.
Housing finance reform got a shot in the arm yesterday. After five years of debate and delay among policymakers, Senate Banking Committee Chairman Tim Johnson (D-S.D.) and the committee's top Republican member, Sen. Mike Crapo (Idaho), announced Tuesday that they have agreed upon a bipartisan plan to overhaul the housing finance market, as well as to wind down government-owned Fannie Mae and Freddie Mac.
Top credit union priorities coming out of last month's CUNA Governmental Affairs Conference are detailed in the March edition of CUNA's "Legislative Update Webcast."
The adoption of risk-weighted capital adequacy standards would put banks and credit unions on the same safety-and-soundness footing, making such standards a "compelling" consideration for policymakers, according to a new report from the Filene Research Institute.
The data breach that bit St. Louis-based Schnucks supermarkets last April has dealt at least a $1 million blow to Missouri credit unions, a Missouri Credit Union Association survey found.
Credit union CEOs are feeling more optimistic going into 2014, according to a recent survey by Abound Resources that found 48% feel either "somewhat" or "very" optimistic.
Pat Keefe has been promoted to senior vice president of communications by CUNA.
With the April 15 tax return due date approaching, credit unions must stay on their toes to protect themselves and their members from fraud schemes, CUNA warned in this month's edition of the