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Trades Have Mixed Reaction to Dodd Regulatory Measure

By Claude R. Marx

CUNA and NAFCU are pleased that the NCUA would remain a separate agency but expressed concerns about several other provisions of the regulatory restructuring bill introduced by Senate Banking Committee Chairman Christopher Dodd (D-Conn.) today.

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November 08, 2009

With 95 Days to Go, Visa Launches Global Olympic Marketing

Just over three months away from the launch of the Vancouver 2010 Olympic Games, Visa Inc. has launched an advertising campaign meant to warm consumers to both the event and its own card brand.

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November 08, 2009

TMG Reports Strong Interest in CDs Based on Card Activity

TMG Financial Services, the credit card portfolio purchasing and issuing arm of The Members Group, reported that 34 credit unions have sold the firm their credit card portfolios.

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November 08, 2009

CUs Donate to Fort Hood Victims

Credit union donations to help the victims and families of the Fort Hood shooting massacre were starting to pour in from across Texas and the U.S. Monday with special accounts being set up by foundations and individual CUs.

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November 08, 2009

Obama Signs Legislative Fix to CARD Act

President Obama on Friday signed a bill giving credit unions and other financial institutions more flexibility on providing notification to consumers about non-credit card accounts.

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November 08, 2009

Michigan CEO Looks for Merger to Expand Multi-State

The $839 million NuUnion CU of Lansing and the $639 million Detroit Edison, charting a merger set to become effective next March, are looking for possible future expansion into Ohio and Indiana, the CEO-designate said Monday.

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November 08, 2009

Kennebec Savings Bank Decides Federal Charter Not Worth it Without KV FCU

Kennebec Savings Bank, the state chartered bank that had applied for a federal charter as part of its proposed merger with KV Federal Credit Union has withdrawn its application after the CU's members nixed the proposed merger.

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November 08, 2009

Constitution Corporate Depletes All Capital

Members of the $1.3 billion Constitution Corporate FCU now own a $2.4 million deficit that's guaranteed by the National Credit Union Share Insurance Fund.

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Top News Stories

Trades Have Mixed Reaction to Dodd Regulatory Measure

CU Alliance Rewards Owners with Dividend

Dodd to Announce Reg Restructuring Plan Tomorrow

Recommended Just For You

News Stories

With 95 Days to Go, Visa Launches Global Olympic Marketing

TMG Reports Strong Interest in CDs Based on Card Activity

CUs Donate to Fort Hood Victims

Obama Signs Legislative Fix to CARD Act

Michigan CEO Looks for Merger to Expand Multi-State

Kennebec Savings Bank Decides Federal Charter Not Worth it Without KV FCU

Constitution Corporate Depletes All Capital