Credit Union Times | Accurate and Timely CU News

Speed Calls FDIC, Texas CU Commission Claims on Ad Campaign 'Laughable'

By Myriam DiGiovanni

LAKE JACKSON, Texas -- Texas Dow Employees Credit Union President/CEO Edward Speed was stunned, but not speechless, by FDIC complaints and a cease and desist order from the Texas Credit Union Commissioner regarding the CUs safe and sound campaign.

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Conservative Think Tank Recommends Shutting Down Fannie Mae, Freddie Mac

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MATC CU to Merge with UW CU

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September 30, 2008

It's Not All Bad News in Credit Union Mortgage Circles

WASHINGTON -- Direct and indirect mortgage losses are hitting credit unions, but unlike banks, the latest financials report some good news, too.Topping the list of industry accomplishments revealed in Callahan & Associates' second quarter Trendwatch report was an all-time high in loan originations, $134.2 billion as of June 30. Leading...

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September 30, 2008

CU Safety and Soundness Pitches Are Getting More Specific

GREENSBORO, N.C. -- The industry's safety and soundness message, promoted heavily since the IndyMac collapse, was undergoing refinements this month to push specific products and services as part of the campaign.

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September 30, 2008

NCUA OKs Regs on Advertising, FOIA

ALEXANDRIA, Va. -- Rules regarding flexibility in advertising for federally insured credit unions and the use of the Freedom of Information Act to attain information were clarified at last week's NCUA Board meeting.

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September 30, 2008

Corporates Get Behind First Carolina NetWALK

GREENSBORO, N.C. -- First Carolina Corporate employees recently completed an original wellness plan that combined fitness with education about the corporate system.

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September 30, 2008

Texas Sunset Body Hears From League

AUSTIN, Texas -- The Texas Sunset Advisory Commission last week reiterated its support for state-chartered CUs in its campaign to protect dual chartering and possible consolidation of state and federal agencies.

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September 30, 2008

Open Solutions Unveils New Product Testing Lab

GLASTONBURY, Conn. -- Open Solutions Inc. has opened a new facility the provider of core processing and other software will use to test existing and new products.

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September 30, 2008

Two New Currency Options

LOUISVILLE, Ky. -- With the CUNA Strategic Services and Travelex alliance agreement, credit unions can offer members more foreign currency options through two new products.

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Top News Stories

Speed Calls FDIC, Texas CU Commission Claims on Ad Campaign 'Laughable'

Conservative Think Tank Recommends Shutting Down Fannie Mae, Freddie Mac

MATC CU to Merge with UW CU

Recommended Just For You

News Stories

It's Not All Bad News in Credit Union Mortgage Circles

CU Safety and Soundness Pitches Are Getting More Specific

NCUA OKs Regs on Advertising, FOIA

Corporates Get Behind First Carolina NetWALK

Texas Sunset Body Hears From League

Open Solutions Unveils New Product Testing Lab

Two New Currency Options