National Credit Union Administration staff confirmed earlier indications that there will be no National Credit Union Share Insurance Fund premium for 2014 at the agency's monthly board meeting Thursday.
Credit unions and small banks could work together to accomplish a reduction in regulatory burden, says CUNA President/CEO Jim Nussle.
For his ground-breaking leadership, innovative contributions, personal commitment and unfaltering dedication to the advancement of credit unions, Mike Mercer, president/CEO of the Georgia Credit Union Affiliates, has been named by the National Credit Union Foundation as the recipient of a 2015 Herb Wegner Memorial Award for Lifetime Achievement.
CUNA's strong commitment to credit-union friendly congressional candidates was highlighted Thursday in
, two widely read Washington-based political publications that cover the White House, U.S. Congress, politics and policy.
Massachusetts credit unions voted unanimously to join with the credit unions of New Hampshire and Rhode Island in a merged credit union trade association. The result of that vote, together with similar votes taken earlier this month in New Hampshire and Rhode Island, means that the credit union leagues in the three states will merge to form the Cooperative Credit Union Association, effective Jan. 1.
New Jersey Credit Union League-supported legislation to enable state-chartered credit unions and banks to offer prize-linked savings accounts has been introduced in the state Senate.
A proposal to amend rules regarding loans in areas having special flood hazards was issued by the National Credit Union Administration at the agency's monthly meeting, part of a joint proposal with other federal regulators.