Credit Union Times | Accurate and Timely CU News

Cumorah CU Problems Linked to Commercial Real Estate, Says Simons

By Jim Rubenstein

The financial struggle plaguing the $157 million Cumorah Credit Union in Las Vegas can be traced to one big factor: Nevada's commercial real estate bust.

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NCUA to Host Corporate-Focused Meeting Nov. 5

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GCUA Poll: Spending Habits Altered Forever

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October 15, 2009

Trades Think CU Exemption in CFPA Bill Doesn't Go Far Enough

Even though most credit unions would be exempt from being examined by the proposed Consumer Financial Protection Agency under an amendment passed by the House Financial Services Committee yesterday, CUNA and NAFCU are holding out for more.

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October 15, 2009

Felker: U.S. Central Bonds Ease Liquidity Crunch

U.S. Central Federal Credit Union issued medium-term notes because it's having a liquidity problem, said Charlie Felker, managing director of regulatory affairs for First Empire Securities.

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October 15, 2009

TSYS Promises New Processing Deal for CUs

An executive with TSYS says that credit unions are a prime market for its new Program Solutions effort.

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October 15, 2009

CUNA, NAFCU Submit Draft on Secondary Capital to NCUA Board

CUNA and NAFCU today demonstrated their joints support for secondary capital for credit unions in a letter to the NCUA Board.

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October 15, 2009

University of Hawaii FCU Names Morse CEO

The University of Hawaii Federal Credit Union has found its new CEO in Jeanine M. Morse.

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October 14, 2009

CU First Deployer of New MasterCard Debit Product

The $5.2 billion Security Service Federal Credit Union in San Antonio is the first CU to roll out a MasterCard tool to help MasterCard debit card holders track their debit card spending online.

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October 14, 2009