Credit Union Times | Accurate and Timely CU News

NAFCU Favors Stronger Regulation of Corporate CU Investments and Risk-Based Capital System

By Claude R. Marx

Any changes to the corporate credit union system should include allowing solvent corporates to survive, stronger regulation of corporates' investments, and making membership capital voluntary, NAFCU wrote today in its comment letter to NCUA.

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CUNA: MBL Growth a Priority with New SBA Administrator

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No Annual Meetings or MCA for Seized Corporates

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April 02, 2009

WESCO Net Web Services Expands Capacity

WESCO Net Web Services said it has added a new server to help handle increasing demand for its hosting services.

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April 02, 2009

COCC Re-Selling MarkMonitor Anti-Phishing Solution

Credit union and community bank clients of Connecticut-based COCC will now be offered the anti-phishing services of MarkMonitor under the core processor's marketing umbrella.

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April 02, 2009

CU Capital Level Declines Again

The capital-to-asset ratio at credit unions was 10.2% in February, according to a report issued by CUNA today.

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April 02, 2009

ABA Urges Stricter Regulation of Corporate Credit Unions

The NCUA should regulate corporate credit unions use of capital more closely to avoid a recurrence of the problems that have plagued that system, the American Bankers Association told the agency today.

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April 02, 2009

NCR Highlights Software Able to Withstand 'Insider' Hacking

ATM manufacturer NCR corporation is highlighting an aspect of its machine's software that is able to withstand an "insider" placing malware on it machines.

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April 02, 2009