Credit union trade associations shrugged off a 2014 budget amendment passed by the Senate March 22 that would “establish a deficit-neutral reserve fund to address the disproportionate regulatory burdens on community banks,” according to a release from sponsor Sen. John Boozman (R-Ark.).
Rhode Island's Reed, New York's Schumer seen eyeing top post on Senate Banking Committee as South Dakota's Johnson retires.
FICO finds old-fashioned skimming leading the way.
NAFCU, CUNA join bankers, real estate lobby in supporting move to stop Fannie Mae, Freddie Mac fees going to pay off deficit.
Sixteen states, five provinces on alert, while several cease and desist orders issued. Website promises up to 2.7% daily return.
CUSOs in Michigan and South Dakota have joined up to provide a crucial new data backup system to a credit union in Maine.
The NCUA Board presided over a monthly board meeting Feb. 21 that concerned mostly positive news for credit unions. Two new rules that expand investment powers and field of membership reach were approved. And year-end share insurance statistics showed improved CAMEL scores and legacy asset performance.
The NCUA Board approved two new rules during its February meeting Thursday that expand investment powers and field of membership reach.
Regarding Sarah Snell Cooke’s blog post, “Fighting in the Sandbox Just Gets Sand in Your Eyes,” [www.cuinsight.com].
Three of six are current Fiserv customers switching platforms.