Federal Court Rules BCFP’s Structure Unconstitutional
in Compliance

A federal District Court in New York just ruled that the structure of the Bureau of Consumer Financial Protection (BCFP) is unconstitutional. The ruling is at odds with a February ruling by the federal appeals court in Washington that upheld the BCFP's structure.

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NCUA Board Approves Final Rule on Field of Membership
in Compliance

The National Credit Union Administration (NCUA) voted today to finalize a second field of membership rule, giving credit unions the option to submit a narrative application for a well-defined local community rather than being limited to a presumptive statistical community.

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The Suburban Chapter Annual Meeting and Crab Feast
in CU Community

With an abundance of blue crabs, food, and refreshing drinks, there was no way the convergence of neighboring credit unions in Maryland could go wrong. There were 89 people in attendance representing 10 credit unions. The annual meeting was held, election results were announced and there was a promise to do it all again next year. 

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