Credit Union Times | Accurate and Timely CU News

Dodd Vows to Push Reg Restructuring Despite Disagreement with GOP

By Claude R. Marx

Senate Banking Committee Chairman Christopher Dodd (D-Conn.) admitted last Friday that he and the Republicans are "at an impasse," on legislation to revamp how financial services firms are regulated, but vowed to move forward in drafting a bill.

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Regulators Urge Lenders to Ease Up on Tightened Loan Criteria

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CU Savings Prize Goes to 86-Year-Old

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February 07, 2010

Three CUs Ranked Among Best Student Lenders

Three credit unions were recently ranked among the top private student lenders in the country, according to Student Lending Analytics.

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February 04, 2010

NAFCU Seeks Stability in GSE Reform

However Congress reforms the government-sponsored enterprises for the secondary mortgage market, NAFCU wants lawmakers to ensure stability in those markets through that reform.

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February 04, 2010

Grant Thornton: CU Merger Appetite Falling

The NCUA corporate assessment coupled with depressed net worth will lower CUs' appetite for mergers in 2010, according to a New York CPA firm which issued a study this week on the banking industry's interest in failing banks.

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February 04, 2010

CUNA Mutual Offers Education on Fraud

Recognizing wire and Automated Clearing House fraud as one of the fastest growing risks facing credit unions, CUNA Mutual will host a Webinar on the topic next Wednesday, Feb. 10 at 11 am EST.

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February 04, 2010

Connecticut League Alerts on Walmart Check-Cashing

With an eye on Walmart's expansion into financial services, the Credit Union League of Connecticut alerted its members Friday to the start of check-cashing services in all 33 of the retailer's Connecticut stores.

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February 04, 2010

Virginia House Panel Scales Back Bank-Buy-CU Bill

In a victory for the Virginia Credit Union League, a House panel voted 20-0 Thursday to pare down a banker-backed bill allowing banks to buy credit unions into a measure enabling state CUs to convert to mutual charter.

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February 04, 2010