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On-Site Coverage: NCUA Reassures Third Party Rule Buffers Against Risks

By Michelle A. Samaad

LAS VEGAS -- Speaking this morning at NACUSO's annual conference NCUA Board Member Gigi Hyland reassured attendees that the agency has safety and soundness in mind when it directs examiners to take a closer look at the third-party relationships that credit unions form to bring additional services to members.

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April 28, 2008

On-Site Coverage: Will Credit Unions Be 'The 100th Monkey?'

LAS VEGAS -- There are lessons the credit union industry can learn from just one young monkey who made the decision to break away from tradition and ended up changing habits, NACUSO President/CEO Tom Davis shared this morning.

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April 28, 2008

On-Site Coverage: Much More Work Needed to Establish Credit Union Credibility

LAS VEGAS -- Long time cheerleaders of their track records with member service, convenience and advocacy, the credit union industry still has a way to go to establish credibility, Dan Clark, author and speaker told attendees this morning at NACUSO's annual conference.

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April 28, 2008

On Site Coverage: Kansas CU Opens Separate Payday Branch

WICHITA, Kan. -- The storefront branch operated by a credit union to offer alternative payday loans has taken root in Kansas.

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April 28, 2008

On-Site Coverage: NACUSO Agenda Includes CUSO Political Influence Strategies

LAS VEGAS -- More than 400 people have convened here for NACUSO's annual conference, which has a full agenda on issues ranging from NCUA's evaluating third-party relationships to consumer trends in 2009 and beyond to how CUSOs can influence the political climate.

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April 23, 2008

On Site Coverage: NCUA Board Member Hyland Assumes ACUMA Members of Strength of Fund

NASHVILLE, Tenn. -- NCUA Board Member Gigi Hyland spoke to members of the American Credit Union Mortgage Association here today on a range of topics facing the industry, including the ongoing mortgage crisis and credit crunch.

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April 21, 2008

Moody's Economist Forecast a 'Short and Mild' Recession

NASHVILLE, Tenn. -- Speaking today at the opening session of ACUMA's convention here, Gus Faucher, Director of Macroeconomics for Moody's.com forecasted a short and mild recession for the American economy.

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April 17, 2008