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On-Site Coverage: Norlarco and Others Covered by Denver Post; CU Mortgage Conferences Open; Fed to Act

By Staff Writer

As an article in Saturday's Denver Post took note of some Colorado credit unions' exposure to mortgage loans, including the "troubles" at Norlarco in Fort Collins, where loans in Lee County Florida make up 20% of the portfolio (with $70 million in default) two mortgage-centered CU associations are meeting here...

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CUNA 'Strikes Back' Against the Bankers on Capitol Hill

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Credit Unions Receive Over $5 Million from CDFI

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September 17, 2007

Court Denies Banker Discovery in Members 1st FOM Case

The U.S. District Court for the Middle District of Pennsylvania denied a motion by the American Bankers Association and other plaintiffs in its lawsuit against NCUA regarding its approval of a community charter for Members 1st Federal Credit Union and subsequent others.

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September 17, 2007

'BizKid$' Gets Delayed Until January

With an eye toward gaining wider exposure on public TV, the credit union consortium putting on the "JA's BizKid$" broadcasts have set a January timetable for debut airing, the new chairman of the Washington Credit Union League said today.

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September 17, 2007

Affinity Federal CU Teams Up for Financial Literacy Symposium

Affinity Federal Credit Union is getting the word out about the importance of financial literacy by supporting the 2007 Somerset Leadership Project, Tools and Techniques for Teaching Financial Literacy, A Symposium for New Jersey Educators and Non-Profits.

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September 17, 2007

NCUA 'Controls' Huron River Fate, Says Regulator

Following its basic model on failed credit unions, NCUA remains in control on the outcome of the $268 million Huron River Area Credit Union of Ann Arbor, Mich. with no move so far to alter its status, a top Michigan regulator said today.

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September 17, 2007

NCUA 'Controls' Huron River Fate, Says Regulator

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September 17, 2007

S&P Analysts Find Corporates Generally Healthy But Concerns Surfacing

Standard & Poor's Ratings Services recently announced that it has found the corporate credit union system relatively healthy, but competitive pressures and "isolated cases of increased risk taking" are causing concern.

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September 17, 2007

Iowa League Appeals to Presidential Hopefuls to Make Financial Literacy Priority

As presidential candidates continue to make repeat trips to Iowa, the Iowa Credit Union League is appealing to them to place financial literacy among their top priorities.

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Top News Stories

On-Site Coverage: Norlarco and Others Covered by Denver Post; CU Mortgage Conferences Open; Fed to Act

CUNA 'Strikes Back' Against the Bankers on Capitol Hill

Credit Unions Receive Over $5 Million from CDFI

Recommended Just For You

News Stories

Court Denies Banker Discovery in Members 1st FOM Case

'BizKid$' Gets Delayed Until January

Affinity Federal CU Teams Up for Financial Literacy Symposium

NCUA 'Controls' Huron River Fate, Says Regulator

NCUA 'Controls' Huron River Fate, Says Regulator

S&P Analysts Find Corporates Generally Healthy But Concerns Surfacing

Iowa League Appeals to Presidential Hopefuls to Make Financial Literacy Priority