WASHINGTON – Sen. Mark Udall (D-CO) has introduced the “Small Business Lending Enhancement Act of 2013,” the latest legislation in Congress that seeks to raise the member business lending cap for credit unions.

The NCUA Board this morning proposed a new derivatives rule that was almost immediately criticized by NAFCU.

The credit union trade associations are offering support for the nomination announced earlier this week of former Oregon State Sen. Rick Metsger (D) to fill the vacant seat on the NCUA board.

WASHINGTON – CUNA is rolling out a national campaign aimed at the grassroots of credit unions, their 96-million members, with the theme, “Don’t Tax My Credit Union.”

WASHINGTON – The Senate will finally vote on the long-awaited appointment of Richard Cordray as director of the Consumer Financial Protection Bureau next week.

NEW YORK – cuStudentLoans, a private student loan and private student loan consolidation program through a CUSO owned by 160 CUs, said it has developed a new private student loan refinancing program for joinStampede.

ARLINGTON, Va. – NAFCU said three people have been re-elected or elected to at-large seats on its board.

ATLANTA – A new report attempts to shed light on who are the 51-million people who actually make up the category of the “underbanked.”

BIRMINGHAM, Ala. – As credit unions turn a greater focus to credit cards, so too has the competition.

WICHITA, Kan. – Eleven credit unions across this state participated in a joint effort at seven different locations as part of the Kansas Credit Union Association’s “Make a Difference Day” campaign.

OXFORD, Miss. – The residential housing market’s rebound continues.

NEW YORK – Average earning assets and average loans are up at most banks, but net interest income has declined at nine-out-of-10 publicly traded banks with more than $5 billion in assets.

ORLANDO, Fla. – Credit Union Journal’s Grow Show is now just two weeks away.

ARLINGTON, Va. – As a result of the new Qualified Mortgage (QM) rule from the Consumer Financial Protection Bureau, nearly half (44%) of credit unions in a survey conducted by NAFCU indicated they will cease originations of non-qualified mortgages, while another 44% will reduce originations.

MADISON, Wis. – Credit unions are showing a “healthy” 5.2% annual growth in lending, according to analysis of Q1 data by CUNA Mutual Group’s Trends Report.

The Senate will finally vote next week on the long-awaited appointment of Richard Cordray as director of the Consumer Financial Protection Bureau.

WASHINGTON — CUNA is rolling out a national campaign aimed at the grassroots of credit unions, their 96-million members with the theme, "Don't tax my credit union."

NORMAN, Okla. – The final step in the consolidation of CU leagues in Texas, Arkansas and Oklahoma was taken Tuesday afternoon as member credit unions of the CU Association of Oklahoma voted 49-10 in favor of a single organization representing the three states.

ARLINGTON, Va. – NAFCU Services Corp. said it has begun to offer executive search and recruitment services through a new partnership with DDJ Myers, Ltd.

DULUTH, Ga. – Elan Financial Services has certified NCR APTRA software on its network for multivendor environments, expanding availability and usability of NCR’s multivendor software.