HOUSTON-Just as credit unions thought suits over ATMs would abate due to new disclosure rules, a new kind of ATM suit alleging violations of the Americans With Disabilities Act's access for the blind is popping up in several states.

Credit unions are riding a crest of improving asset quality, and the resulting decline in loan loss reserves is helping to produce record net income for 2012, another sign of the improving economy.

Three bills targeting credit unions have been introduced in the Oregon state legislature, including one that seeks to impose the corporate excise tax on credit unions, an opening salvo on the CU tax exemption.

ALEXANDRIA, Va.-With as many as one-fifth of Americans considered underbanked or unbanked, NCUA hosted a webinar last week for low-income credit unions (LICUs) during which it urged CUs to reach out to this market. NCUA Office of Small Credit Union Initiatives Economic Development Specialist Vanessa Lowe led the session and called on LICUs could re-examine their membership composition and product menus to uncover both markets not being served and current members whose needs might not be met. For additional information: www.ncua.gov/oscui.

Outside investors in The Cleveland International Fund are questioning the authority of E. Eddy Zai, the local financier who owns controlling interest in the business fund, to assign $21 million in projected monthly payments on four major downtown properties to pay restitution to NCUA for his role in the massive fraud at St. Paul Croatian FCU.

Greg Hansen was promoted to VP of business services at Numerica CU, Spokane Valley, Wash.

A new attack scheme is hitting banks and credit unions that takes advantage of the live chat feature in the FIs' online banking platform, Guardian Analytics reports.

MADISON, Wis.-World Council of Credit Unions has inducted nine CU professionals into its International Executive Volunteer Corps, which recognizes credit union leaders for their dedication to international CU development and volunteer service with World Council.

Cohenour Named CEO By MCUA

Forget every bit of advice you've ever given your children or grandchildren-or really anyone-about their career choice. Go back and tell them to erase whatever you told them and/or to drop whatever they are doing and run, don't walk, to become a Washington lobbyist. There doesn't seem to be the remotest chance they'll ever be out of work.

Matthew Gniech, product manager-check image with Cummins Allison, asks why credit union members keep bringing in deposits.

Ken Otsuka, senior consultant in risk management, with CUNA Mutual Group discusses how to mitigate risk of DDoS attacks.

WASHINGTON – A Republican Senator called for the resignation of the director of the Consumer Financial Protection Bureau and three National Labor Relations Board members who a federal appeals court ruled Friday were illegally seated as recess appointees last year by President Obama.

A selection of images featuring credit unions’ efforts in their communities.

ARLINGTON, Va. – Four men last week were indicted on charges of robbing a Navy FCU branch here of more than $60,000 last month.

ALBANY, Ga. – Former Lee County Commissioner Ida Chambers is suing DOCO CU for allowing her son to take loans against her property without her approval.

JAY, Maine – Otis FCU gave back $325,000 in interest refunds and bonus dividends to its 10,000 members through its Return to Member campaign.

ALBUQUERQUE, N.M. – U.S. New Mexico FCU, the state’s oldest credit union, on Friday announced that Marsha Majors, its vice president and chief operating officer, has been promoted to president and CEO of the $740-million credit union.

DULUTH, Ga. – Georgia state regulators approved a bid by Georgia United CU, formerly known as DeKalb County Teachers FCU, to serve all 700,000 residents of DeKalb County.

INDIANAPOLIS – FORUM CU has kicked off another season of its SaveItUp program, which awards members with cash prizes for savings habits.