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Byline: Ed Roberts AUSTIN, Texas-The Texas State Supreme Court has ruled illegal two major provisions of the state's home equity rules, the latest setback in a two-decade battle. The state's [...]

Byline: Ed Roberts ALEXANDRIA, Va.-The NCUA Board last week passed tough new regulations for loan participations-known in banking as syndications-that would that would set new requirements for sellers and buyers. [...]

Byline: Ed Roberts RAPID CITY, S.D. â NCUA Chairman Debbie Matz told credit union executives here yesterday the agency is very close to approving a charter for a credit union [...]

Byline: Ed Roberts ALEXANDRIA, Va. â NCUA said this morning it has barred the former CEOs of U.S. Central FCU and Members United Corporate FCU from working for or with [...]

Byline: Ed RobertsBROCKTON, Mass. â HarborOne CU, New England's second largest credit union, is the latest credit union giant to be considering a conversion to bank, which would be the [...]

Byline: Ed RobertsALEXANDRIA, Va. â The National Credit Union Association said Monday that a federal credit union may set the maturity date for modified or refinanced mortgages beyond the regulatory [...]

Byline: Ed Roberts Hidden River Credit Union, which serves mostly school districts, is expanding its reach. The Pottsville, Pa., credit union has been approved by state regulators to convert to [...]

Byline: Ed Roberts Har-Co Maryland Federal Credit Union in Bel Air has notified members and the National Credit Union Administration that it plans to convert to a mutual savings bank. [...]

Byline: Ed Roberts The National Credit Union Administration took under conservatorship three more troubled corporate credit unions Friday as part of is effort to shed the corporate system of toxic [...]

WASHINGTON -- Efforts by Congress to tighten laws on data security have melted away in a virtual babble of congressional committees. As many as eight committees in the House and [...]

WASHINGTON -- In a temporary truce, credit unions and banks joined last week in a withering lobbying effort that effectively killed a bill aimed at lowering credit card interchange fees. [...]

WASHINGTON -- The House approved the regulatory relief bill for credit unions last week, but not before combining it with a bill for banks and thrifts. Prospects for the measure, [...]

WASHINGTON -- House leaders are expected to try again to hold a vote this week on the slimmed-down version of the credit union regulatory relief bill in hopes of getting [...]

WASHINGTON -- Proponents of a bill to open the process for setting credit card interchange fees insisted during recent congressional hearings the proposal would not set or regulate rates, but [...]

ALEXANDRIA, Va. -- Defense credit unions are petitioning the Department of Defense to halt a new credit card offered by JP Morgan Chase that is sponsored by the Army and [...]

WASHINGTON -- The thing I remember the most was the response of the credit union members when we needed them the most to push it (the bill) over the top, [...]

WASHINGTON -- My first memory is the serious situation in which the credit union movement found itself after the court decision, said Paul Sarbanes, then the senior Democrat on the [...]

WASHINGTON -- The credit union lobby convinced Senate leaders last week to carve out most credit union mortgages from a bill that would give bankruptcy courts the ability to rewrite [...]

WASHINGTON -- Congress moved last week to pass a variety of new standards aimed at reining in abuses in the subprime mortgage market-but the standards will, if enacted, affect all [...]

The National Credit Union Administration is in high-level negotiations to resolve the growing liability on Florida real estate loans it inherited from three failed credit unions, according to sources familiar [...]

WASHINGTON -- There is virtually no chance for passage of the credit union regulatory relief bill as it is in this Congress, but lawmakers may agree to pass some of [...]

HONOLULU -- The nation's credit unions, especially defense credit unions, are eagerly awaiting a final rule, due any day, setting new predatory lending rules for military personnel. The proposed rule [...]

RICHMOND, Va. -- Members at as many as a dozen Virginia credit unions stand to gain in inactive account fees and back-interest if an NCUA ruling on federal preemption is [...]

ALEXANDRIA, Va. -- NCUA proposed new regulations last week that would return the federal credit union regulator to the business of enforcing bylaw disputes. The proposal, prompted by recent incidents [...]

WASHINGTON -- After months of internal deliberation, NCUA plans to reestablish itself as arbiter in bylaw disputes at credit unions. This issue has been festering for the last 18 months, [...]

WASHINGTON -- Rejection doesn't faze Richard 'Duke' Strosser, CEO of Del-One FCU. Turned down twice for authority to serve the tiny state of Delaware, Strosser is lobbying Congress to amend [...]

WASHINGTON -- A year ago the buzz around CUNA's Government Affairs Conference was of two Texas credit union giants that had just deserted the credit union charter and a still [...]

WASHINGTON -- The CU lobby had hoped to have its regulatory relief bill-known as CURIA-introduced before CUNA's Government Affairs Conference, but lobbyists were still haggling last week over a single [...]

ALEXANDRIA, Va. -- The NCUA Board, which has been steadily expanding parameters for field of membership to include multiple counties encompassing millions of people sprawled across state lines, drew the [...]

WASHINGTON -- Maybe the third time's the charm with CURIA. The regulatory relief bill, formally known as the CU Regulatory Improvements Act, is expected to be introduced in Congress in [...]

The Credit Union Journal This fall's congressional elections have clouded prospects for the Credit Union Regulatory Improvement Act, the regulatory relief bill crafted just for credit unions, as lawmakers prepare [...]

WASHINGTON -- The growing controversy over the entry of non-financial companies into the banking business has forced credit union investors to abandon two separate efforts to finance projects that would [...]

WASHINGTON -- Last week's federal court ruling dismissing a challenge by DFCU Financial members to the credit union's enforcement of its own bylaws has brought the issue of the legal [...]

ALEXANDRIA, Va. -- NCUA has denied approval of member ballots and disclosures in the conversion to mutual savings bank of Lafayette FCU, one of three credit union conversions in the [...]

BOSTON -- Filene FCU, one of the first credit unions in the United States, was approved by NCUA last week to convert from a multiple group credit union serving employees [...]

ALEXANDRIA, VA. -- The NCUA Board last week began the process of rescuing state-chartered credit unions in Missouri from a field of membership trap set by the state's bankers. The [...]

ALEXANDRIA, Va. -- Due to growing concerns over indirect loan programs, the NCUA board passed a new rule last week that will limit the amount of indirect loans a credit [...]

ALEXANDRIA, Va. -- The NCUA Board last week proposed amendments to its rules that would allow greater member involvement in decisions to convert to a mutual savings bank and, at [...]

AUSTIN, Texas -- Texas, home to the two biggest-ever credit union conversions to mutual savings banks, adopted new rules that will require credit union management to notify members of a [...]

WASHINGTON -- Credit union lobbyists were working last week to expand a regulatory relief bill passed the week before by the Senate that was absent many of the credit union [...]

JEFFERSON CITY, Mo. -- State lawmakers rejected a bid last week to hold harmless Missouri's largest state credit unions while a court decision striking down their fields of membership is [...]

WASHINGTON -- The regulatory relief bill being backed by credit unions and banks for the past five years turned out to be only half a loaf, if that. The Senate [...]

ALEXANDRIA, Va. -- In the briefest of public comment periods, credit union representatives told NCUA last week they support efforts to illustrate their member service to Congress, but questioned the [...]

WASHINGTON -- A new impediment to regulatory relief emerged last week during hearings before the Senate Banking Committee when the bankers raised objections to two credit union projects in the [...]

ALEXANDRIA, Va. -- In another concession to the bankers, the NCUA Board last week issued for comment a proposed new rule that would explicitly allow community chartered credit unions to [...]

WASHINGTON -- The House Financial Services Committee unanimously passed the credit union-backed regulatory relief bill again last week, sending it on for a vote by the full House for a [...]

NEW ORLEANS -- NCUA sent an emergency team of examiners to New Orleans, Biloxi, Gulfport and other targets of Hurricane Katrina to help in the recovery work for credit unions [...]

AUSTIN, Texas -- The ongoing controversy regarding the attempts by two Texas credit union giants to convert to mutual savings banks has prompted a potential rewrite of the state rules [...]

ALEXANDRIA, Va. -- Against all odds, OmniAmerican CU submitted its bid to NCUA last week to convert to a mutual savings bank, asking the federal regulator to certify the controversial [...]

WASHINGTON -- The House Financial Services Committee finally introduced its latest version of a regulatory relief bill for banks and credit unions-but conspiciously left out an NCUA-backed proposal to enact [...]