The lead attorney handling a Federal Reserve Bank application by the Iowa Credit Union League to buy a wholesale Arizona credit card bank said the proposed transaction needs to be viewed narrowly.
Continuity Engine has released an upgrade of its Control automated compliance and reporting solution for credit unions and community banks, the company said.
SAN DIEGO -- So far, the credit unions that have failed as a result of the economic downturn have had relatively few assets; however, the NCUA told San Diego Town Hall attendees today that will change next year.
The SBA said its two largest programs have approved $11.3 billion in loans as a result of reduced fees and higher guarantees under the American Recovery and Reinvestment Act.
Credit unions that want additional information on relevant sections of the Federal Reserve's proposed rules for implementing additional provisions of the Credit CARD Act can access a breakdown of provisions of the rules at NAFCU's Compliance Blog.
