Credit Union Times | Accurate and Timely CU News

NAFCU Report Says CUs Holding Steady but Fearful of New Regulations

By Claude R. Marx

Increased NCUA assessments coupled with more deposits and slower loan growth have put considerable strain on credit unions and they fear the impact of higher regulations, according to a report NAFCU presented to the Federal Reserve Board today.

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Deficit Reduction Panel Report Calls for Elimination of CU Tax Exemption

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SE League Sets Ad Blitz

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November 30, 2010

Few CU Winners in Tough Lending Times

Only three credit unions were recipients of Excellence in Lending awards this year in large part because of a rough lending atmosphere.

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November 30, 2010

Members Mark 75 Years With 7.5% CD Yield

The $491 million Justice Federal Credit Union felt one way to celebrate its 75th anniversary was offering members an annual percentage yield of 7.50% on a 75-day share certificate of deposit.

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November 30, 2010

Corporates Create Payment System CUSO

Credit unions may soon have another alternative for their payment system processing through a new CUSO scheduled for launch by the corporate credit union network.

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November 30, 2010