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Elan May Find it Has Some Convincing to Do on TNB Buy

By David Morrison

Elan Financial Services may have purchased CU credit card portfolios from TNB Card Services, but it may have a ways to go to win over those credit unions.

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Members United: Higher Capital Requirements Would Provide Flexibility

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NCUSIF Reserve Balance and Assets Up, Despite Slight Income Loss

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May 19, 2009

On-Site Coverage:NCUA to Impose Stricter Capital Requirements on Corporates

WASHINGTON -- Corporate credit unions would have to keep a 5% core capital leverage ratio to be considered well capitalized under rules that the NCUA plans to discuss later this year, NCUA Chairman Michael E. Fryzel told lawmakers today.

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May 19, 2009

NCUA: Risk Concentration, Regulation Work at Any Business Lending Level

While raising the 12.25% member business lending threshold has been a front burner issue for the credit union industry for some time,

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May 19, 2009

Director Travel Expenses an Individual Matter, N.J. Exec Says

Director travel expenses are an internal issue based on credit unions' own net numbers, the chairman of the New Jersey Credit Union League, Shawn Gilfedder, said Wednesday regarding a pending whistleblower's suit against First Jersey CU.

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May 19, 2009

CFO Audience 'Fairly Supportive' of NCUA Speaker

Brad Barnes, vice president of finance at Air Academy Federal Credit Union, said he expected the NCUA to "make their next big announcement" or face a firing squad of tough questions from CUNA CFO Council conference-goers.

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May 19, 2009

More than 250,000 AIG Investors to Receive $843 Million

American International Group Inc. has been ordered to distribute $843 million to more than 257,000 of its investors following an SEC accounting fraud enforcement action.

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May 19, 2009

Pacific Service CU Entices Members With Four New Checking Accounts

To combat a low penetration rate on transaction accounts, Pacific Service Credit Union has launched four new checking accounts.

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May 19, 2009

Senate and House Pass Corporate CU Stabilization Fund Measure

The Senate last night followed the House's action earlier in the day and passed a bill that that includes a temporary stabilization fund for corporate credit unions.

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Top News Stories

Elan May Find it Has Some Convincing to Do on TNB Buy

Members United: Higher Capital Requirements Would Provide Flexibility

NCUSIF Reserve Balance and Assets Up, Despite Slight Income Loss

Recommended Just For You

News Stories

On-Site Coverage:NCUA to Impose Stricter Capital Requirements on Corporates

NCUA: Risk Concentration, Regulation Work at Any Business Lending Level

Director Travel Expenses an Individual Matter, N.J. Exec Says

CFO Audience 'Fairly Supportive' of NCUA Speaker

More than 250,000 AIG Investors to Receive $843 Million

Pacific Service CU Entices Members With Four New Checking Accounts

Senate and House Pass Corporate CU Stabilization Fund Measure