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NCUA Share Insurance Fund Feeling Impact of Weak Economy

By Claude R. Marx

ALEXANDRIA, Va. -- The NCUA's Share Insurance Fund has $7.8 billion in assets and a strong equity ratio, but the increase in the number of credit unions experiencing difficulties is placing some strains on the fund, NCUA Chief Financial Officer Mary Ann Woodson told the board today.

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TDECU Denied Broad FOM Bid But Pursing 'Alternatives'

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October 16, 2008

NAFCU to Hold Fla. Seminar on Mortgage Crisis

TAMPA BAY, Fla. -- NAFCU will be offering a seminar on how the mortgage crisis is affecting credit unions at its next hot topic meeting.

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October 16, 2008

Remote Deposit Expected at Nearly Half of Banks, CUs

BOSTON -- By the end of 2008, 40% of all U.S financial institutions will have adopted remote deposit capture as credit unions continue to use the tool to court the small business market, according to new Celent report.

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October 16, 2008

Dodd Says Rescue Plans Must Include Consumer Measures

WASHINGTON -- Senate Banking Chairman Christopher Dodd (D-Conn.) has announced plans to put together a legislative package that will include a temporary moratorium on foreclosures and legislation to stop predatory lending.

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October 16, 2008

CPI Drops Slightly

WASHINGTON -- Consumer prices fell slightly in September but were 4.9% higher than a year ago, the Labor Department reported today.

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October 16, 2008

CPI Drops Slightly

WASHINGTON -- Consumer prices fell slightly in September but were 4.9% higher than a year ago, the Labor Department reported today.

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October 16, 2008

Trades Push for Parity on New Insurance Coverage

WASHINGTON -- CUNA and NAFCU are both lobbying to get credit unions included in the increased deposit insurance recently approved by the Bush administration.

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October 16, 2008

Trades Push for Parity on New Insurance Coverage

WASHINGTON -- CUNA and NAFCU are both lobbying to get credit unions included in the increased deposit insurance recently approved by the Bush administration.

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Top News Stories

NCUA Share Insurance Fund Feeling Impact of Weak Economy

TDECU Denied Broad FOM Bid But Pursing 'Alternatives'

Smart Card Group Seeks to Reassure About Card Security

Recommended Just For You

News Stories

NAFCU to Hold Fla. Seminar on Mortgage Crisis

Remote Deposit Expected at Nearly Half of Banks, CUs

Dodd Says Rescue Plans Must Include Consumer Measures

CPI Drops Slightly

CPI Drops Slightly

Trades Push for Parity on New Insurance Coverage

Trades Push for Parity on New Insurance Coverage