Credit Union Times | Accurate and Timely CU News

Matz Asks for Parity on Noninterest Transaction Accounts

By Claude R. Marx

The NCUSIF should be allowed to offer identical insurance coverage of noninterest bearing transaction accounts as the FDIC, NCUA Chairman Debbie Matz wrote in a letter to House Financial Services Committee Chairman Barney Frank.

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June 17, 2010

V.P. Lending Jobs Getting Harder to Fill at CUs

For some credit unions, it may be taking longer to fill senior lending positions because candidates may lack the ability to think strategically, said Bill Vogeney, secretary and treasurer for the CUNA Lending Council.

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June 16, 2010

Mich. CUSOs, SBA Team Up to Re-Energize CU Loan Programs

Credit unions in Michigan looking to launch or jumpstart their stalled SBA lending programs are invited to attend two, free training sessions in July.

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June 16, 2010

CU Card Charge Offs Up, Delinquencies Slightly Down In First Quarter

Credit unions with card portfolios worth over $1 million saw their card charge offs at record levels in the first quarter of 2010, but their delinquencies dropped slightly according to NCUA data.

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June 16, 2010

CUs Should Be Ready to Say 'No' on Loan Modifications

Credit unions need to be more tough-minded on loan modifications, willing to say "no" but still look for ways to accommodate borrowers with alternative products, a Florida regulator told CU executives Wednesday.

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June 16, 2010

On-Site Coverage: NCUA Board Approves 13.4 Basis Point Assessment

Alexandria, Va. --The NCUA Board is approved a 13.4 basis point assessment for federally insured credit unions to help the Corporate Stabilization Fund repay the Treasury Department.

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June 16, 2010

CUs Dispute Over Payday Loan Alternative Profitability

Does a payday loan alternative program have to be unprofitable to be good for members?

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June 16, 2010

Conservative Coalition Comes Out Against Durbin Amendment

A coalition of public interest groups and think tanks generally regarded as conservative has come out with a statement urging Congress to reject the so-called Durbin Amendment that would regulate debit card interchange.

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Top News Stories

Matz Asks for Parity on Noninterest Transaction Accounts

CUs/Banks Now Own 1 Million Homes

Next Top CU Exec Finalists Announced

Recommended Just For You

News Stories

V.P. Lending Jobs Getting Harder to Fill at CUs

Mich. CUSOs, SBA Team Up to Re-Energize CU Loan Programs

CU Card Charge Offs Up, Delinquencies Slightly Down In First Quarter

CUs Should Be Ready to Say 'No' on Loan Modifications

On-Site Coverage: NCUA Board Approves 13.4 Basis Point Assessment

CUs Dispute Over Payday Loan Alternative Profitability

Conservative Coalition Comes Out Against Durbin Amendment