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CUNA Calls for Revamping Corporate Structure and Limits on Investments

By Claude R. Marx

Corporate credit unions shouldn't be able to concentrate their money in long-term investments and should focus their activities on payments, settlement, short-term investments and liquidity, CUNA wrote NCUA yesterday.

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NCUA Receives Around 450 Comments on Corporate Credit Union System

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Eastern Financial Mum About Progress

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April 06, 2009

On-Site Covergae: Dollar: 1% ROA Standard for CUs is History

BASTROP, Texas - Addressing credit union executives attending CO-OP Financial Services' THINK 09 conference, former NCUA Board Chairman Dennis Dollar said the current economic downturn had made a 1% return on assets an impossible standard.

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April 05, 2009

On-Site Coverage: Shared Branching Increases Credit Union Profitability, Study Shows

BASTROP, Texas - A new study has found that credit unions that use shared branching services have a higher profitability than those who do not.

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April 05, 2009

U.S. Supreme Court Sets Aside Man's Confession in CU Robbery

The confession of a man in the robbery of a Pennsylvania credit union was thrown out by the U.S. Supreme Court today because authorities waited too long to bring him to court.

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April 05, 2009

NASCUS Urges Caution on Restructuring Corporate CU System

The NCUA should not act rashly when making changes in the structure of the corporate credit union system and work with state regulators to "refine" the concentration of risk so that some of it is less concentrated, NASCUS wrote the agency.

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April 05, 2009

Obama Administration Cracking Down On Mortgage Relief Scams

Saying that there are too many firms taking advantage of financially vulnerable individuals

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April 05, 2009

APWG Reports Record Phishing, Malware Attacks

Online fraud rings are increasingly turning to automated systems that are driving the number of malware and phishing attacks to all-time highs, according to the Anti-Phishing Working Group.

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April 05, 2009

Biz Kid$ Get to Ring NASDAQ Bell Today

The Biz Kid$ show comes to New York today with producers, the young stars along with CUNA President/CEO Dan Mica helping to ring the closing bell at NASDAQ in Times Square.

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Top News Stories

CUNA Calls for Revamping Corporate Structure and Limits on Investments

NCUA Receives Around 450 Comments on Corporate Credit Union System

Eastern Financial Mum About Progress

Recommended Just For You

News Stories

On-Site Covergae: Dollar: 1% ROA Standard for CUs is History

On-Site Coverage: Shared Branching Increases Credit Union Profitability, Study Shows

U.S. Supreme Court Sets Aside Man's Confession in CU Robbery

NASCUS Urges Caution on Restructuring Corporate CU System

Obama Administration Cracking Down On Mortgage Relief Scams

APWG Reports Record Phishing, Malware Attacks

Biz Kid$ Get to Ring NASDAQ Bell Today