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By Jim Rubenstein |
April 19, 2012
Lawyers handling the planned takeover of an ailing New Hampshire bank by a Massachusetts credit union expressed optimism Thursday the deal can clear regulatory hurdles.
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By David Morrison |
April 15, 2012
NCUA has asked credit unions that process their debit and credit card transactions with FIS to evaluate their relationship with the card processor in light of an information technology supervisory letter the company has received from other federal financial regulators.
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By David Morrison |
April 10, 2012
Agency cites information technology supervisory letter the company has received from the FDIC; FIS processes credit and debit transactions for 5,400 credit unions.
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By Heather Anderson |
April 9, 2012
Faced with uncertainty over whether H.R. 3461 will pass and positive signs from the NCUA that it will consider improving exam procedures and streamline regulations, CUNA has asked the regulator to implement some provisions of the Financial Institutions Examination Fairness and Reform Act now.
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By Jim Rubenstein |
April 5, 2012
Insurance, investment conglomerate working way through regulatory approvals to spin bank off into Wisconsin credit union.
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By Jim Rubenstein |
April 1, 2012
The proposed buyout by GFA Federal Credit Union of a troubled New Hampshire savings bank continues to generate industry interest but with a pivotal question: Can the credit union and bank clear the legal hurdles with the NCUA, the Comptroller of the Currency and the FDIC.
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By Jim Rubenstein |
March 11, 2012
The proposed conversion of the $1.8 billion HarborOne Credit Union to a mutual bank triggered fresh industry debate last week about the impact and efficacy of conversions as the Brockton, Mass., CU formally tendered its resignation from CUNA and the Massachusetts Credit Union League.
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By Jim Rubenstein |
March 9, 2012
Is conversion bid a sign of things to come? That's one point raised in this look at an article from next week's print edition.
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By Jim Rubenstein |
March 2, 2012
Massachusetts CU CEO eyes long regulatory process in proposed takeover of New Hampshire bank.
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By Jim Rubenstein |
March 1, 2012
GFA FCU will seek regulator approval to buy bank in Granite State, just weeks after Michigan credit union completes purchase of Indiana bank.
