National Credit Union Administration Chairman Debbie Matz would like to see the statutory cap on credit union member business lending increased or eliminated and wrote to the U.S. Treasury Department urging support for measures that would allow NCUA to establish the regulatory

CUNA President/CEO Dan Mica has urged credit unions to “step it up” and get involved in CUNA’s grassroots efforts as the Congress races to complete business for the year.

As the holidays near, credit unions nationwide are participating in several activities to celebrate Thanksgiving and Christmas, and to help their members and local communities.

Several prominent media outlets picked up findings from Monday’s CUNA/Consumer Federation of America press conference on their annual holiday shopping survey and spending tips.

New Jersey Gov. Jon Corzine signed legislation that extends the range of investments for state monies to credit unions.

Ohio Attorney General Richard Cordray has filed a lawsuit against three national investment credit ratings agencies–Standard & Poor’s, Moody’s and Fitch–saying their ratings were false and misleading.

Sunday’s H&FF Radio program provides information about shielding your financial identity while holiday shopping, making year-end tax moves, and understanding interchange issues and debt settlement reform.

CUNA will be closed Thursday and Friday in observance of the Thanksgiving holiday. News Now will not publish on Thursday and Friday, but it will resume regular publication on Monday.

November 25, 2009, Alexandria, Va. — NCUA Board Member, Michael E. Fryzel recently visited First Trust Credit Union in Valparaiso, Indiana. While there, he had the opportunity to meet with the credit union’s CEO Ronald Budzinski and Board Chairman Arnold Bass along with credit union staff and Indiana Credit Union League President, John McKenzie.