The foreclosure prevention program passed this weekend by the Senate and last week by the House could take a year to become operational even though lawmakers expect it to be up and running in October.

About 155 credit union representatives tuned in for a CUNA audio conference Monday on proposed credit card and overdraft protection regulations.

CUNA’s chief economist, Bill Hampel, commented on the discipline consumers need when using credit cards in an article in The Wall Street Journal Sunday.

CUNA Mutual Group and its employees contributed nearly ,000 to fellow workers and their families in Iowa affected by May tornadoes and ,000 for employees affected by June flooding.

Bill Hampel, CUNA chief economist, weighed in on the effect the U.S. housing crisis will have on savings in a Sunday article that appeared in ChicagoTribune.com .

Credit unions in the Washington, D.C., area are filling the void left by payday lenders who vacated the city after interest rates in the District were capped at 24% in January, says Saturday’s Washington Post.