Credit Union Times | Accurate and Timely CU News

Latest Utah Failure Raises Questions on NCUA Policy

By Jim Rubenstein

Some industry sources are privately pointing to the weekend conservatorship of the $139 million Family first FCU of Orem, Utah as signaling perhaps a new NCUA policy of protecting the NCUSIF as it bypassed big CUs as a merger suitor.

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Bland Will Replace Halleck at The Golden 1

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SECU Replaces FFIEC Freeware with Geocoding Solution

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August 01, 2010

Wis. League Blasts Banks' Small Biz Amendment Stalling

The Wisconsin Credit Union League has stepped up its criticism of banks that have stonewalled attempts to attach an amendment to a bill that would raise the member business lending cap.

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August 01, 2010

Geithner Says Regulators Will Modify Existing Rules Not Just Add New Ones

When the Obama administration begins implementing the regulatory overhaul bill it will improve or eliminate some existing regulations, not just create new ones, according to Treasury Secretary Timothy Geithner.

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August 01, 2010

Midsize Businesses Paying Bills Better Than Most

Since the beginning of the year, businesses with 50 to 499 employees have improved the most when it comes to paying their bills on time, according to Experian.

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August 01, 2010

CUs Starting to Receive TARP Money Under CDCI Program

Credit unions that have been recognized as community development financial institutions and those that have been judged viable by the NCUA have begun receiving money under the Community Development Capital Initiative.

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August 01, 2010

Alabama Firm, PSCU Financial Form Pact

Legacy Member Services, an Alabama-based check product provider, and PSCU Financial Services have formed an alliance to refer small business checking services and other solutions.

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July 30, 2010