Credit Union Times | Accurate and Timely CU News

ICBA Opposes Measure to Raise MBL Cap

By Claude R. Marx

Raising the cap on member business loans is risky in light of the problems facing credit unions and would take away businesses from "tax-paying community banks," said Independent Community Bankers of America Senior Vice President Stephen J. Verdier.

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Almost 20% of CDFIs Are Now CUs or CUSOs

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Colorado Senator Promotes MBL Cap Increase Bill

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January 18, 2010

CUNA Mutual Offering Free Webinar on the Economy

Credit union employees and volunteers who want to learn more about the impact of the nation's economic difficulties on their balance sheets can participate in CUNA Mutual Group's free Webinar on Feb. 16.

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January 18, 2010

CUSO Matches Credit Reporting with Rate Matching

A New York CUSO has launched a credit report service that offers to then match the consumer with credit unions and community banks with the best available loan rates.

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January 18, 2010

Proposed Corporate Regs Would Force Board Turnover

If the NCUA's proposed corporate regulations were to take effect as written, the $4 billion Mid-Atlantic Corporate Federal Credit Union would have to replace its entire board.

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January 18, 2010

Suit on Failed Alabama CU Settled

The legal clash from last October pitting Alabama's top regulator against the CEO and board of the $193 million failed Mutual Savings Credit Union of Birmingham, has been settled out of court, it was announced this week.

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January 17, 2010