Credit Union Times | Accurate and Timely CU News

House Panel Passes CFPA Exemption for Credit Unions

By Claude R. Marx

Credit unions won an early victory today when the House Financial Services Committee voted to exempt credit unions with less than $1.5 billion in assets from the examination by the proposed Consumer Financial Protection Agency.

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Ongoing Operations CUSO Expands to Arizona

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Avidiant Creates CU Risk Management Division

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October 14, 2009

Are Banks Stealing 'ICU Day' Spotlight?

Is the American Bankers Association horning in on International Credit Union Day?

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October 14, 2009

Two Topeka CUs Consolidating

Two of Topeka's largest credit unions, Credit Union 1 of Kansas and Credit Unions United with combined assets of $250 million, are planning a merger "of equals" to take place in 2010.

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October 14, 2009

NCUA Announces Offering of U.S. Central

NCUA today announced that yesterday U.S. Central completed an offering of $4.0 billion in medium-term notes guaranteed by the NCUA's Temporary Corporate Credit Union Liquidity Guarantee Program.

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October 14, 2009

Sign of the Times: FHA Takes on Higher Profile

With much of the rest of the mortgage industry in disarray, the Federal Housing Administration has found itself occupying an expanded market niche.

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October 14, 2009

TSYS Comes to Credit Unions

TSYS, long a credit card processor for only the largest card issuers, has unveiled a program aimed at providing turnkey card processing and portfolio management aimed a credit unions and community banks.

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October 14, 2009

Arizona Central Closes Branch After Workforce Cut

As part of year-long cost-cutting the $423 million Arizona Central Credit Union of Phoenix, announced this week it is closing one of its 12 statewide after having to reduce its current payroll to 170 employees.

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October 14, 2009

Short-Term CDs a Hot Commodity

For the sweetest deals on certificates of deposit, consumers are typically steered to credit unions. But the competition is getting stiffer for the cooperatives.

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Top News Stories

House Panel Passes CFPA Exemption for Credit Unions

Ongoing Operations CUSO Expands to Arizona

Avidiant Creates CU Risk Management Division

Recommended Just For You

News Stories

Are Banks Stealing &#039;ICU Day&#039; Spotlight?

Two Topeka CUs Consolidating

NCUA Announces Offering of U.S. Central

Sign of the Times: FHA Takes on Higher Profile

TSYS Comes to Credit Unions

Arizona Central Closes Branch After Workforce Cut

Short-Term CDs a Hot Commodity

Are Banks Stealing 'ICU Day' Spotlight?