Aaron Passman

ALEXANDRIA, Va.—The 10th Circuit Court of Appeals today revived NCUA's suit against Barclays Capital that claims the bank misrepresented more than $555 million in mortgage-backed securities (MBS) that led to the failure of Western Corporate FCU and U.S. Central FCU.

MUSKEGO, Wis. — Jim Schrimpf has retired from his position on the board of directors at Corporate Central CU here, with Jay Magulski set to take his place on the corporate CU's board.

WASHINGTON — A new bill in Congress would call for the Government Accountability Office to study the NCUA budget.

LANSING, Mich. — Several men from Detroit have pleaded guilty to a string of credit union robberies here late last year.

MONTGOMERY, Ala. — MAX Credit Union here took advantage of Black History Month to unveil its new debit card paying tribute to the historic Selma-to-Montgomery civil rights march of 1965.

WASHINGTON — A Florida Congressman has introduced a bill that would make it easier for veterans to get access to member business loans at credit unions.

WASHINGTON — CUNA today announced that Robert Henson has joined the trade group as its new associate director of advocacy.

WASHINGTON — With the Department of Homeland Security set to run out of money at midnight on Feb. 27 unless Congress approves funding for the agency, credit unions serving government entities, law enforcement and more are stepping up to make sure members know assistance is available in the event of a work stoppage.

Former American Airlines FCU executive Andy Reed has been installed as the new CEO at Texas People FCU here.

ST. PAUL, Minn. — The Minnesota legislature is considering a pair of bills sponsored by the Minnesota CU Network that would allow CUs to offer prize-linked savings accounts.

WASHINGTON — A new report finds that credit union lending hit record levels last year thanks to more consumers taking advantage of low loan rates at credit unions and continued improvements in the economy.

FERNDALE, Mich. — Credit Union ONE here is set to absorb $93 million Good Shepherd CU, CU ONE announced today.

ST. PETERSBURG, Fla. — PSCU EVP and COO Tom Gandre has been placed at the helm as acting CEO of the CUSO, where he replaces outgoing CEO Mike Kelly, who has been dismissed by the board.

ALEXANDRIA, Va. — NCUA is seeking comment on the list of regulations it will review in 2015 as part of its three-year regulatory review process.

Most people are celebrating the drop in oil prices, but for oil company employees — and the credit unions that serve them — it's a whole different story.

ALEXANDRIA, Va. — A new program from Pentagon FCU aims to cut members' monthly payments down to size without the added hassle of going through the full refi process — and making some extra money for the CU, too.

HARRISBURG, Penn. — Credit unions in the Keystone State are about to have their voices heard by a potentially very big audience.

MADISON, Wis. — The Filene Research Institute and the Cooperative Trust — the CU networking and professional development group for young adults in the credit union movement — have released a new white paper examining the impact of college debt on Millennials.

TEWKSBURY, Mass. — Tewksbury FCU and CU Close LLC, have launched a new collaborative enterprise to help lenders and credit unions profit from combined volume and more efficient vendor management.

The ever-growing compliance burden is chipping away at much-needed training for business loan officers, leading to a basic skills gap that could be hampering their ability to make loans.