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Court Denies Banker Discovery in Members 1st FOM Case

By Sarah Snell Cooke

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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'BizKid$' Gets Delayed Until January

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Affinity Federal CU Teams Up for Financial Literacy Symposium

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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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September 17, 2007

State Chartered CUs Should Not Have to File 990s, CUNA Says

IRS Form 990 is not appropriate for credit unions because of the many substantial differences between credit union and other tax-exempt entities.

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September 17, 2007

Omni American Cuts Staff to Preconversion Levels

A bank that began life as a credit union has announced that it is cutting its staff to the levels it had before it made the conversion. OmniAmerican Bank ceased life as OmniAmerican Credit Union in January of 2006.

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September 17, 2007

Pacific Service CU Rolls '7 for 11' to Boost Savings

Appealing to savers interested in a "high rate of return," Pacific Service Credit Union has launched a certificate of deposit that pays a 7% annual percentage yield for 11 months on the first $10,000.

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Top 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

Recommended Just For You

News Stories

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

State Chartered CUs Should Not Have to File 990s, CUNA Says

Omni American Cuts Staff to Preconversion Levels

Pacific Service CU Rolls '7 for 11' to Boost Savings