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The debate over the fate of small credit unions continued on CUinsight’s blog last week with Henry Meier of the Credit Union Association of New York interjecting that “the days of treating your examiner as your de facto compliance officer are over.”
Compliance is the cost of doing business and if you can’t bear those costs, you won’t be in business.
Covera Card Solutions has shortened its name to Covera, revamped website.
Scholarships from credit unions.
Republican, Democrat add names to list of supporters of measure to raise MBL cap.
Edwin G. Pustelnik, former president/CEO of Buffalo Fire Department FCU passed away late last month.
Even after news that a vote on S. 2231 won’t happen as quickly as hoped, credit union trade associations say they aren’t pursuing a Plan B to promote legislation that would raise the member business lending cap to 27.5% of assets.
Lawmakers stuck between rock and hard place as lending cap bill languishes. This from the May 9 print edition of Credit Union Times.
Edwin Pustelnik, former president and board chairman of the $18 million Buffalo Fire Department Federal Credit Union, has died at the age of 77.