Last week, 700,000 Department of Defense civilian employees began taking once-a-week furlough days that will cut their pay by roughly 15%. How will the temporary pay cuts affect credit unions?
Two percent of FCUs are military-based but they represent 21% of FCU assets and may feel the pinch of federal furloughs.
Executives from Southern California credit unions voiced their approval of a bill introduced Friday by Rep. Gary Miller that would establish a risk-based capital system.
Trade lobbyist says member business lending cap would be too controversial to be in California congressman's bill expected to drop this week.
Prize money to go to winning CU's favorite charity.
New facility available to about 10,000 employees of California theme and resort parks.
The Financial Accounting Standards Board is getting an earful from credit unions and trade associations. Even NCUA Chairman Debbie Matz, like others, is concerned about the accounting board’s exposure draft that would require financial institutions to base loan-loss allocations on expected losses, rather than incurred losses. In addition to requiring...
Deadline is Friday and 62 of 153 comment letters posted so far are from credit unions concerned about proposed ALLL changes.
As conservatorship ends, local advisory board recruited by NCUA to serve until annual meeting next year.
PowerComment.org provides information on new regs and the ability to comment online before they become final.