With the July 21 final interchange fee cap implementation date drawing near, credit union advocates nationwide continued to use this week’s district work period to reach out to their representatives and urge them to stop, study and start over.

Alabama’s credit unions and members took a direct hit from Wednesday’s tornados, part of a storm front that spawned more than 155 tornadoes in six states. Although assessments of their situation were just beginning Thursday, already credit unions were reporting damages and deaths.

Although Alabama was hardest hit by the tornado system that wreaked havoc on Wednesday, several Southern states in the path of the system reported their credit unions were lucky–few reported damages. However, their members had losses, and one credit union in Mississippi report the deaths of two members, a couple.

Western Bridge Corporate FCU’s Charter Committee on Tuesday selected United Resources FCU as the new name to be submitted with the corporate’s chartering application to the National Credit Union Administration for approval.

A look by Bankrate.com at consumers who routinely join credit unions–which was picked up by Fox Business.com (April 27)–shines a spotlight on credit unions in five situations.

Credit unions should proceed with changes required by the Health Reform Law despite the legal challenges the law faces, a CUNA Mutual employee benefits product manager told a Texas Credit Union League annual meeting audience Wednesday.

Fannie Mae and Freddie Mac will soon align their guidelines for servicing delinquent mortgages that they own or guarantee in an effort to help servicers better resolve delinquencies, to keep owners in their homes, and to minimize taxpayer losses.

Sunday’s H&FF Radio program covers bank fee increases, couponing, student loan delinquency, and tax liens.

Vensure FCU’s request to delay the National Credit Union Administration’s (NCUA) conservatorship of the credit union will be heard before a U.S. District Court on May 11.

Pete Crear, president/CEO of the World Council of Credit Unions (WOCCU) since June 2005, has announced that he will retire from that post soon after WOCCU’s World Credit Union Conference in Glasgow, Scotland in July.