Credit Union Times | Accurate and Timely CU News

MBL CUSOs Urge Businesses to Stand Behind Their Debt

By Michelle A. Samaad

The Regional CUSO Alliance, an association of member business lending CUSOs, said the proposed elimination of personal guarantees would cripple underwriting and punish those credit unions that have not "excessively abused their privileges."

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Nonprofit Accounting Could Complicate Legacy Assets

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Mississippi CUs Raise $8,500 for Tornado Victims

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April 28, 2010

On Site Coverage: PSCU First CUSO to Offer Visa Transaction Alert Service

PSCU Financial Services is the first CUSO to start offering participating credit unions the Visa Transaction Alert service, according to a Visa executive.

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April 28, 2010

On-Site Coverage: Dollar Works Hard to Find Opportunities in Challenges

At PSCU Financial Services Annaul Forum former NCUA Board Chairman Dennis Dollar strove to find the better side of a number of different challenges facing credit unions today.

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April 28, 2010

On-Site Coverage: NCUA Unveils Proposed Rules for Short-Term Loans

ALEXANDRIA, Va. - Federal credit union alternatives to payday loans could range from $200 to $1,000, have a maximum APR of 1,000 basis points above the interest rate ceiling and charge no more than $20 to apply.

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April 28, 2010

On-Site Coverage: Almost 20% of Insured Shares Are in CAMEL 3 or Higher CUs

NCUA Chief Financial Officer Mary Ann Woodson told the NCUA Board today that 19.5% of insured shares were in credit unions with a rating of CAMEL 3 or higher at the end of March.

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April 28, 2010