Representatives from several CU leagues attended a best-practices session hosted by the American Association of CU Leagues (AACUL) and CMN Hospitals. Back row, from left: Joe Dearborn, CMN Hospitals; Brandi Stankovic, Mitchell, Stankovic & Associates; Leonard Parkhurst, Southeastern CU Foundation; John McGrail, Carolinas CU Foundation; Kristi Arrington, Georgia CU Affiliates; and Tracie Kenyon and Kara Connors of the Montana CU Network. Front row, from left: Lucy Ito, California and Nevada CU Leagues; Felicity Guerin, AACUL; Maria Langston, Missouri CU Association; Bridget Betts, Maryland/D.C. CU Association (MDDCCUA); Dan Finerty, Mountain West CU Association; and Sarah Turner, MDDCCUA.
A U.S. District judge Monday dismissed three lawsuits--including one by the National Credit Union Administration--brought against U.S. Bank National Association and Bank of America, National Association regarding their duties as trustees of residential mortgage-backed securities.