U.S. Treasury

  • Federal Home Loan Banks Are Ready Partners

    We agree with David Reiss that credit unions could benefit from increased competition resulting from a privatized mortgage market ("Professor Says CUs Should Back GSEs' Privatization," March 2, page 3) provided, as he states, that "they maintain their access on par with that of larger financial institutions." Otherwise, credit unions...

  • Development Funds Jump Start Microlending at Louisiana CU

    The $87 million Shreveport Federal Credit Union has used the long-term funding it received from the U.S. Treasury's Community Development Capital Initiative to grow its portfolio of very small business loans.

  • CU-State Alliance Gives N.C. Retirees New Option

    The idea came from someone who worked with the state of North Carolina’s retirement division and who also served on the advisory board at one of State Employees’ Credit Union.

  • For One CDCU, CDCI Money Means Funds for Microloans

    The $87 million Shreveport Federal Credit Union has used the long-term capital it received from the U.S. Treasury's Community Development Capital Initiative to grow its portfolio of very small business loans.

  • Legacy Assets Proved Historic Shock to the System

    It was a shock and it was unprecedented. The NCUA hammer brought down on the legacy assets held by the corporate system during 2010 caused it to reel as never before.

  • NACUSO: Corporate Rule May Backfire

    If a provision requiring CUSOs that use a corporate credit union's services to pay a voluntary payment to the Temporary Corporate Credit Union Stabilization Fund goes through,

  • NACUSO Says CUSO Payments May Trigger Exodus

    CUSOs using a corporate credit union's services may seek liquidity outside of the industry if a provision requiring them to pay a voluntary payment to the Temporary Corporate Credit Union Stabilization Fund goes through.

  • Inspector General Takes Treasury to Task

    Neal Barofsky, the special inspector general for the troubled asset relief program, has written a highly critical evaluation of the U.S. Treasury's administration of efforts meant to help home owners remain in their homes.

  • Political Role Charged on CDCI

    The U.S. Treasury Department's Community Development Capital Initiative drew a charge of political tampering last week from an economist who has often been critical of programs related to the Troubled Asset Relief Program.

  • Deposit Rates Erode Savings and Cost of Funds Growth

    The strain of staying ahead of managing capital and net worth ratios has left some credit unions looking at the bottom of the barrel for more solutions as the year comes to an end.

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