First Jersey CU wins state approval to serve four new counties, 1.8 million people in metro New York.
Disaster relief effort follows similar calls for help after flooding, tornadoes earlier this year.
At the end it was touch-and-go, but at last New Jersey Gov. Chris Christie has signed the municipal deposit bill empowering credit unions to start accepting government funds.
Last week, the NCUA added to its list of targets by suing Goldman Sachs for $491 million for losses corporates endured due to mortgage-backed securities. This is the fourth suit filed by the NCUA against securities firms, seeking a total of $2 billion in damages.
Credit unions win right to accept New Jersey public funds after governor, legislators turn back bank appeals.
Ohio-based corporate offers CIF program support with no obligation to join.
Long-fought measure allowing credit unions to take government deposits now goes to governor for signing.
Financial education may be the avenue credit unions have been looking for to reach parents, young adults and children alike.
Companion bill passed Garden State's Senate last year; unclear when measure will go up for full House vote.
Credit unions and leagues alike are using new video conferencing tools to cut costs and enhance training opportunities.