News

The NCUA Board is scheduled to be briefed at next Thursday's meeting on the status of the registry that the agency is setting up for credit unions that want to be considered as merger partners.

The nation's attention may be on the Nov. 2 mid-terms but there's plenty of election-year jockeying this month for the CUNA Board of Directors.

Legacy asset-backed NCUA Guaranteed Notes will carry a 0% risk weight.

Total foreclosure filings, which includes default notices, scheduled auctions and bank repossessions rose 4% over last quarter but were still 1% lower than they were last year.

The leaders of CUNA and NAFCU yesterday wrote NCUA Chairman Debbie Matz requesting her "leadership and assistance" in moving capital reform through Congress.

In light of the nation's economic woes, CUNA is trying to bring some "Joy to the World."

The mortgage-backed securities from the conserved corporate credit unions that the NCUA is selling have 0% risk and are backed by the full faith and credit of the government, the Federal Reserve and three other regulators concluded.

Seeking to liven up International Credit Union Week, the Ohio Credit Union League is going for the "reality" show gambit with a three-city financial literacy program.