Federal Reserve Bank

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  Liquidity Regs Battle Lines Are Drawn

  By Robert McGarvey  |  February 20, 2012

  Are your credit union’s pockets deep enough to satisfy the NCUA?

• Fed Unlikely To Change Rates Through 2014

  By Claude R. Marx  |  January 25, 2012

  Sluggish economic growth cited in decision to leave overnight rates near zero.

• CU/Bank Differences Surface in San Francisco Fed Panel

  By Jim Rubenstein  |  November 21, 2011

  Idaha banker, credit union CEOs disagree on business lending, tax exemption.

• Wright-Patt's Fecher to Discuss Middle Class Wealth Building

  By Claude R. Marx  |  October 3, 2011

  Ohio CEO to appear at Senate Banking Committee subcommitte hearing on Tuesday.

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  CUs Battle for Interchange Slice: Guest Opinion

  By Madeline Aufseeser  |  August 17, 2011

  The U.S. interchange battle between merchants and issuers is coming to a close now that the Durbin Amendment has been interpreted by the Federal Reserve Bank.

• With Fed Vote Today, State Department FCU's Roche Warns Consumer Is Key

  By Jim Rubenstein  |  June 29, 2011

  Fed vote on interchange today kicks wait-and-see into high gear for credit unions.

• Interchange Fight Spreads to Fed CDIAC Panels

  By Jim Rubenstein  |  June 15, 2011

  CUNA’s Cheney reaches out to members of bank/CU panels set up by Fed last year, asking them to reach out to Fed Board.

• Fed Council Meetings Aired Only a Few Discouraging Words

  By Jim Rubenstein  |  April 6, 2011

  With the exception of an impromptu clash over the credit union tax exemption, the Federal Reserve Bank information seminars that joined credit union and community bank CEOs finished the month with a wary but shared camaraderie.

• Big CU Borrowing Disclosed in Fed’s Discount Window Loan Data

  By Robert McGarvey  |  April 1, 2011

  In yesterday’s release of lending data by the Federal Reserve Bank covering 2008 to early 2010, one item that caught the eye of many observers was the amount of overnight borrowings by some corporate credit unions, notably U.S. Central and WesCorp.

• CU/Bank Fed Meetings Called Fruitful

  By Jim Rubenstein  |  March 4, 2011

  The initial reviews are in from the meeting this week between credit union CEOs, community bank CEOs and top brass of Federal Reserve banks, and so far the assessment of what was discussed on everything from interchange to Fannie/Freddie status was favorable.