Fresh Today

Fresh Today

WASHINGTON—Reps. Peter King (R-NY) and Brad Sherman (D-CA), both of the House Financial Services Committee, have reintroduced legislation that would give credit unions access to supplemental capital that preserves mutuality – an element of comprehensive capital reform for credit unions.

TUSCALOOSA, Ala.–While Alabama One Credit Union has been released from conservatorship by the state regulator, it remains the subject of several lawsuits filed by its former president and board members, as well as a new complaint.

WINDCREST, Texas–Credit unions remain under siege. For the second time in a week in the San Antonio area, an ATM here was knocked off its base and stolen.

AMARILLO, Texas–Access Community Credit Union here has named a new CEO to succeed the retiring G. Keith Watson.