Credit Union Times | Accurate and Timely CU News

Democratic Leaders Slam GOP Obstruction on Reg Restructuring

By Claude R. Marx

Senate Majority Leader Harry Reid and Senate Banking Committee Chairman Christopher Dodd today characterized GOP efforts on pending legislation to revamp financial regulation as too partisan and non-inclusive.

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None of SBA 2010 Small Business Winners Received CU Aid

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CUs Lead in Taking in ACH Money But Not in Giving it Out

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April 19, 2010

NCUA Report Faults Cal State 9 Management/Regulators in CUs Demise

The management of Cal State 9 Credit Union made "poor strategic decisions," and lacked the experience to understand the risks of subprime lending and its HELOC program while NCUA examiners failed to recognize the risks and take corrective action.

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April 19, 2010

CUES, Currency Marketing on the Lookout for 'Next Top Exec'

Today, CUES and Currency Marketing announced a competition to find a fresh, young voice to help move the credit union industry in the future.

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April 19, 2010

NCUA and Kappa Alpha Psi FCU Sign Letter of Understanding and Agreement

Poor recordkeeping and unsafe loan practices are among the conditions that officials of Kappa Alpha Psi Federal Credit Union agreed on in a letter of understanding and agreement with the NCUA to improve, according to documents released today by the NCUA.

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April 18, 2010

Study Suggests Shared Branching CUs Have More Profitable Members

A study commissioned by CO-OP Financial Services, the parent CUSO of CO-OP Shared Branching, reports that credit union members who use their credit union's shared branching services are more profitable for their CUs.

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April 18, 2010

NASCUS Urges Preservation of State Autonomy and Allowing Secondary Capital

Today NASCUS said that the "encroachment of federal preemption only weakens the states' strong front-line defense against deceptive and unlawful financial services practices."

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April 18, 2010

CEOs Need 'Merging Competency,' Finds CUNA Report

Credit union CEOs have developed a newfound "merger competency" that is fast becoming part of their skill set, according to a new white paper report issued Monday by the CUNA Councils.

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April 18, 2010

MMAs Ascend as CD Balances Fall

Since February 2009, certificates of deposit balances at credit unions have declined by $10 billion while money market accounts increased by $29 billion.

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Top News Stories

Democratic Leaders Slam GOP Obstruction on Reg Restructuring

None of SBA 2010 Small Business Winners Received CU Aid

CUs Lead in Taking in ACH Money But Not in Giving it Out

Recommended Just For You

News Stories

NCUA Report Faults Cal State 9 Management/Regulators in CUs Demise

CUES, Currency Marketing on the Lookout for 'Next Top Exec'

NCUA and Kappa Alpha Psi FCU Sign Letter of Understanding and Agreement

Study Suggests Shared Branching CUs Have More Profitable Members

NASCUS Urges Preservation of State Autonomy and Allowing Secondary Capital

CEOs Need 'Merging Competency,' Finds CUNA Report

MMAs Ascend as CD Balances Fall