Credit Union Times | Accurate and Timely CU News

Every CU Can Join in International CU Day With Webcast

By Myriam DiGiovanni

This year's International Credit Union Day webcast co-sponsored by U.S. Credit Union Development Educators and World Council of Credit Unions will focus on the constant support credit unions provide.

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Back Office CUSO CURoots Launched

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With Corporates in Mind, Bank of West Renews CU Pitch

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October 13, 2010

NCUA Cites Fraud and Lax Examination as Causes of St. Paul Croatian FCU Failure

Fraudulent activity covered up by top leadership and a failure by NCUA examiners to adequately follow up on red flags caused the failure of St. Paul Croatian FCU, according to a report by the NCUA's Office of Inspector General.

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October 13, 2010

NCUA to Discuss Merger Registry and Regulatory Flexibility

The NCUA Board is scheduled to be briefed at next Thursday's meeting on the status of the registry that the agency is setting up for credit unions that want to be considered as merger partners.

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October 13, 2010

More Throw Hat in Ring for CUNA Board Spots

The nation's attention may be on the Nov. 2 mid-terms but there's plenty of election-year jockeying this month for the CUNA Board of Directors.

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October 13, 2010

Legacy Asset Investments Carry 0% Credit Risk

Legacy asset-backed NCUA Guaranteed Notes will carry a 0% risk weight.

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October 13, 2010

Foreclosure Filings Up From Last Quarter But Slightly Below Last Year, Firm Says

Total foreclosure filings, which includes default notices, scheduled auctions and bank repossessions rose 4% over last quarter but were still 1% lower than they were last year.

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October 13, 2010

Trades Urge Matz to Intensify Efforts on Secondary Capital

The leaders of CUNA and NAFCU yesterday wrote NCUA Chairman Debbie Matz requesting her "leadership and assistance" in moving capital reform through Congress.

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October 13, 2010