The Commonwealth Court of Pennsylvania Monday overwhelmingly affirmed the state Department of Banking’s procedures and decision to grant two credit unions–TruMark Financial CU and Freedom CU–expansions of their fields of membership to community charters.

While CUNA continues to insist that alternative capital proposals should encompass many options in order to help as many credit unions as possible, the nation’s largest credit union trade group has joined with the National Association of Federal Credit Unions to push for “member-only alternative capital” at this time.

Calling credit unions “responsible and thoughtful citizens,” House Financial Services Committee Chairman Barney Frank (D-Mass.) in Sunday’s Washington Post said that those financial institutions played no part in the abuses that created the need for the current financial regulatory debate that continues in Congress.

CUNA on Wednesday will complete what has been a banner month for its Hike the Hill campaign with representatives from the League of Southeastern Credit Unions traveling to Washington to discuss credit union issues with their representatives and regulators.

While it does not appear that there will be any votes that are of interest to credit unions during the upcoming week, there will be some hearings of note.

Credit unions in the Washington, D.C., area posted “stellar” earnings in the second quarter, mostly due to substantial refunds from the federal government, the Washington Business Journal said Friday.

Two federal credit unions in Hawaii were among the 10 awardees receiving $4.4 million from the Department of the Treasury’s Native American Community Development Financial Institutions Assistance Program.

The Community Development Financial Institutions (CDFI) Fund is offering a webinar application workshop for the 2010 round of the CDFI program.

The assets, loans and shares of Reno, Nev.-based Clearstar Financial CU have been purchased by United FCU after the Nevada Division of Financial Institutions closed Clearstar Financial on Friday.