Credit Union Times | Accurate and Timely CU News

CU Joins Turnpike ATM Network

By David Morrison

The $609 million Clearview Federal Credit has joined 10 other primarily Pennsylvania CUs that are already participants in the Select-A-Branch ATM Network.

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NCUA and NASCUS Sign Document of Cooperation

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Stolen Credit Cards Being Used To Buy Gift Cards

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July 24, 2007

Hawaii Small Businesses See Regulatory Relief

Coming around the same time a nationally-known business lending CUSO opened its first regional office and NCUA Vice Chairman Rodney Hood's praise of a credit union's program here, Hawaii is poised to make it easier for small businesses to have a say.

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July 23, 2007

NY Wild Card Becomes Law

The New York State Credit Union League has learned that Governor Eliot Spitzer has signed credit unions' "wild card" bill into law.

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July 23, 2007

WaMu Eliminates Riskiest of Subprime Loans, Banks Add to Reserves Yet Other Investors Beef Up

Washington Mutual Inc. recently announced that it has eliminated some of its riskiest subprime mortgages to borrowers with poor credit or heavy debt. Other major banks feeling the sting of the subprime securities market and rising deterioration in the credit quality of mortgage and home equity lines have set aside...

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July 23, 2007

Hood Takes Opportunity to Meet with Hawaiian NeighborWorks America Affiliates

While in Hawaii for NAFCU's 40th Annual Conference, NCUA Vice Chairman Rodney Hood visited with Hawaii's two NeighborWorks America affiliates to better understand their work.

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July 23, 2007

Lyndon Insurance Told NCUA that Centrix Coverage Wasn't Voided

While the eventual legal outcome of lawsuits filed against credit unions by Lyndon Insurance, including The CU of Texas, may drag on, Credit Union Times has learned that Lyndon assured the NCUA back in late August 2005 that it was not aware of loan alterations changing coverage of Centrix loans.

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July 23, 2007