The U.S. Department of the Treasury this week announced that it will make a total of $113 million in funding available through its Community Development Financial Institutions Fund during the upcoming year.

Credit union pioneer Larry Blanchard was selected for spring induction into the Cooperative Hall of Fame, the Cooperative Development Foundation announced.

The National Credit Union Administration on Friday named Scott Hunt as its Director of the Office of Corporate Credit Unions.

Three robbery suspects were apprehended by police and one person was found dead, an apparent suicide, in the aftermath of a Thursday robbery of Grow Financial CU, in Tampa, Fla.

As part of National Protect Your Identity Week Oct. 17-24, CUNA will offer a webinar aimed at helping credit unions protect themselves and their members from identity theft fraud.

As anticipated, the National Credit Union Administration on Thursday approved a 0.15% of insured shares assessment on federally insured credit unions. The action is to help the NCUA return the National Credit Union Share Insurance Fund’s equity to 1.3% of June 30, 2009 shares and repay $310 million in funds the Stabilization fund has borrowed from the U.S. Treasury.

Reps. Carolyn Maloney (D-N.Y.) and Barney Frank (D-Mass.) on Thursday introduced legislation that would change the effective date of portions of the Credit Card Accountability, Responsibility and Disclosure Act.

A Wall Street Journal article about General Motors Co.’s former captive finance company, GMAC, notes that credit unions have gained a significant share of the auto financing market.

Louisiana credit unions experienced across-the-board growth in assets, loans and membership in the quarter ending June 30, according to data from the National Credit Union Administration Second Quarter 2009 Call Report.

Credit unions attending this year’s CUNA Community Credit Union and Growth Conference can hear from credit union experts on hard-hitting economic, legislative and regulatory issues affecting credit unions.