-
By Claude R. Marx |
August 10, 2011
Saying it only received $369.9 million in pledges, the NCUA announced last week that it will not go forward with the program allowing credit unions to prepay some of their assessments on the cost of
-
By Claude R. Marx |
August 10, 2011
Credit unions dodged a taxation bullet with the latest spending reduction package, but it remains to be seen how long their luck will hold.
-
By David Morrison |
July 31, 2011
Credit union executives planning credit card marketing and issuing strategies for 2012 and 2013 may want to factor a new study from TransUnion into their deliberations.
-
By Claude R. Marx |
July 31, 2011
ALEXANDRIA, Va. — Before Robert Fenner joined the NCUA as a staff attorney immediately after graduating from George Washington University Law School in 1974, he “didn’t even know what a credit union was.”
-
By Jim Rubenstein |
July 24, 2011
The plight and protection of small U.S. credit unions came in for new scrutiny last week following a controversial think tank study by Celent, the Boston research firm, finding that CUs under $50 million are fast disappearing under the weight of tech products, competition, compliance and their own “inefficiencies.”
-
By Myriam DiGiovanni |
July 19, 2011
A new myCUsurvey report says that when it comes to credit unions, members are looking for a true banking alternative.
-
By Claude R. Marx |
July 18, 2011
Second suit against RBS Securities seeks $685 million for mortgage-backed securities sold to WesCorp.
-
By Robert McGarvey |
July 17, 2011
Late last year the NCUA published its regulation on expectations for credit union directors. The agency focused specifically on financial literacy and how it will be measured. As the July 27 deadline for compliance looms, Credit Union Leadership Forum conducted a survey of credit union executives and board members as...
-
By David Morrison |
July 17, 2011
The $8.1 million Vensure Federal Credit Union, the Arizona credit union that at one time made most of its money by processing transactions for Internet poker sites, is no more. The NCUA announced it has liquidated the Mesa-based credit union on July 11, the same day a court case...
-
By Claude R. Marx |
July 17, 2011
There is, we are told, no such thing as a free lunch. For the NCUA, however, there may well be free money.
