Credit Union Times | Accurate and Timely CU News

SEC Broker Exemption Proposal Receives More Banker Feedback

By Staff Writer

More feedback has come from banking groups on a Securities and Exchange Commission proposed regulation that would exempt banks from having to register with the agency for certain brokerage activities.

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Longtime Iowa CUL Consultant Retires

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CU Must Assume Member Consent for Communications in MSB Conversions if E-Mail Provided

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July 17, 2007

SWBC Launches Reverse Mortgage Division

Southwest Business Corporation recently announced that it has added a Reverse Mortgage Division to its credit union mortgage services menu. SWBC President/CEO Gary Dudley said the company recognized the growing demand for the product and was responding to CU-client inquiries.

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July 17, 2007

Vrooman to Head Vancity

Vancouver City Savings Credit Union has found its new CEO in Tamara Vrooman.

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July 17, 2007

Governor Barrasso Named Republican to Replace Late Sen. Thomas

The Credit Union Association of Wyoming noted the passing of Senator Craig Thomas (R-Wyo.), "a good friend to credit unions" and said that his replacement state legislator John Barrasso should continue good relations on Capitol Hill.

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July 17, 2007

Elliot Bids Farewell to Baylands FCU

After over 31 years of serving BayLands Federal Credit Union, President/CEO Margie Elliot has announced she will retire effective August 1.

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July 17, 2007

Garden Savings FCU Consents to C&D for BSA Violations

Garden Savings Federal Credit Union has agreed to a Cease & Desist Order from NCUA, without admitting or denying fault, for Bank Secrecy Act noncompliance, the regulatory item credit unions often cite as the most onerous.

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July 17, 2007

CNN Money.com Feature Hampel

Reverse mortgages are beneficial for certain older homeowners if all aspects are taken into consideration, CUNA Chief Economist Bill Hampel told CNNMoney.com in a recent article.

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July 17, 2007

NAFCU Dues Dollars Up From Health of Membership

NAFCU collected over $200,000 more in dues in 2006 over 2005, but there has not been a dues increase; it is because of the health of the industry and its membership.

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Top News Stories

SEC Broker Exemption Proposal Receives More Banker Feedback

Longtime Iowa CUL Consultant Retires

CU Must Assume Member Consent for Communications in MSB Conversions if E-Mail Provided

Recommended Just For You

News Stories

SWBC Launches Reverse Mortgage Division

Vrooman to Head Vancity

Governor Barrasso Named Republican to Replace Late Sen. Thomas

Elliot Bids Farewell to Baylands FCU

Garden Savings FCU Consents to C&D for BSA Violations

CNN Money.com Feature Hampel

NAFCU Dues Dollars Up From Health of Membership