Credit Union Times | Accurate and Timely CU News

GESA CU Preps for November Investment Program Launch

By Michelle A. Samaad

After a few years on the drawing board, Gesa Credit Union has moved forward with implementing its first investment program.

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TNB Reports Increase in CU Cardholders

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Banks Demanding More Personal Guarantees on Small Biz Loans

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October 19, 2009

California League Blasts NCUA Examiners

The NCUA's announcement that it is writing a supervisory letter for examiners, advising them on how to evaluate credit union key measures in light of the poor economy, may be in response to a complaint from a major trade group.

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October 19, 2009

On-Site Coverage: SECU Touts High Touch Mortgage Modification Program

CHICAGO -- Randy Partin, senior vice president of audit services at State Employees' Credit Union said that his managers are required to meet in person with each and every member more than 30 days past due on a mortgage loan.

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October 19, 2009

On-Site Coverage: NCUA Writing New Supervisory Letters

CHICAGO -- The NCUA will release new supervisory letters by early 2010 that will address earnings, concentration risk and member business lending.

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October 18, 2009

Elevations CU Builds Trust Services Outreach

MEMBERS Trust Co. has teamed up with the $920 million Elevations Credit Union to help members with their estate planning needs.

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October 18, 2009

CUs Gird for Legislative Fight on Public Deposits

The legislative battle in Ohio over credit unions receiving public funds is heating up this month with a House bill introduced last Friday drawing fire from the banking lobby.

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October 18, 2009

CUNA Nominates Cashman and Raker to Fed Council

CUNA has nominated Metro Credit Union President/CEO Robert Cashman and US Federal Credit Union Credit Union William Raker to the Federal Reserve Board's Thrift Institution Advisory Council.

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October 18, 2009