CUNA

A federal judge has upheld two provisions from NCUA's revised field-of-membership rule but struck down two other measures related to population centers.

Alabama-based Naheola Credit Union is the latest CU to face a suit citing alleged violations of the Americans With Disabilities Act.

Former CEO Jeff York alleges retaliation by board related to proposed weight loss clause.

Congress has left Washington for a two-week recess, and credit union leaders are being urged to make their case for reg relief while legislators are back at home.

At a time when credit union leaders need to be heard as one voice, the leaders of two competing trade groups are exemplifying that spirit.

The credit union trades are standing behind The Infirmary Federal Credit Union in its motion to dismiss.

Credit unions will be watching as the Senate's regulatory relief bill heads to the House, but government spending and interest rates may delay that process by several weeks.

The bill – similar to legislation previously put forward – would delay implementation of NCUA's risk-based capital rule by an additional two years.

Experts say that despite having a few suits thrown out, the matter won't be settled until the Department of Justice provides clarity. But there are steps CUs can take to protect themselves until then.

The Senate will resume discussions on S. 2155, while the House focuses on the TAILOR Act and other measures.