May 7, 2012

MBLs: Game On

CUNA President/CEO Bill Cheney challenged banks on member business lending legislation recently saying, "If the banks want to go to sleep on this legislation, that's fine with us." His remark was sparked by a report started by the New York Bankers Association that claimed a key lawmaker had said the bill had been pulled from the Senate voting calendar. (page 1)

Exams: NCUA Addresses a CU Priority Issue

Throughout the financial crisis, credit unions in every National Credit Union Administration (NCUA) region have raised concerns about problem examiners and examinations. And throughout this period, CUNA has consistently urged the NCUA to take these complaints seriously and work to improve the examinations process. NCUA Chairman Debbie Matz and CUNA President/CEO Bill Cheney had an extensive written exchange on the topic. (page 1)

Special Report: CU Legal Cases See Action

The credit union system's legal landscape has seen a lot of action recently with the National Credit Union Administration, credit unions, and others involved in lawsuits. This issue of CUNA's Credit Union NewsWatch features a chart to help credit unions keep abreast of recent developments. (page 6)

Budet Elected to CUNA Board

Tony C. Budet, president of University FCU, Austin, Texas, has been elected by acclamation to the open CUNA board seat in District 5, Class 5. The seat was vacated when Harriet May, former CUNA board chairman and former CEO of GECU, El Paso, Texas, announced her retirement. (page 8)

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