Credit Union Times | Accurate and Timely CU News

Treasury Officials Thank CU Organizations for Work on PCA Reform, More to be Done

By Sarah Snell Cooke

WASHINGTON-Emil Henry, assistant secretary for financial institutions, said Treasury appreciates all the work credit unions and their representatives have done on a risk-based capital framework but is not quite ready to put its seal of approval on it. "This work has led to a number of positive proposals, such as...

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League Service Corps. Working with CUs To Get Comfortable with Image Exchange

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Some Credit Unions Turn Checking Accounts Into PFI Superglue

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March 07, 2006

First NCUF Breakout Session a Crowded Success

WASHINGTON - The National Credit Union Foundation's very first breakout session at CUNA's Governmental Affairs Conference drew a stranding room only crowd as credit union executives and directors crowded in to hear four executives describe how their CUs had used grants from the Foundation to help them make real change...

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March 07, 2006

Johnson: NCUA "Not About to Impose CRA" on Credit Unions, Tough on Conversion Disclosures

WASHINGTON-Service to members of modest means is recent and not the only job of credit unions. In remarks to CUNA's Governmental Affairs Conference, NCUA Chairman JoAnn Johnson told participants that the term `modest means' only came about with the 1998 passage of the Credit Union Membership Access Act. She added,...

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February 28, 2006

Welcome to Washington, D.C.

It looks like the intense banker attacks have credit unions more fired up politically than ever before. CUNA is expecting 4,200 people at this year's GAC - including 430 first-time attendees, an all-time record. This special CUNA GAC issue of Credit Union Times contains a number of features to coincide...

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February 28, 2006

Despite Refi Drought, CU Mortgage Business Strong in 2005

A slowdown in the refinance market in 2005 didn't stop both small and large credit unions from enjoying a high volume of mortgage activity. Here are the top 10 credit union mortgage originators in four key asset groups.

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February 28, 2006

Identity Theft is Top Consumer Concern, CUs Help to Fight Back

WEST PALM BEACH, Fla. - As identity theft continues to top the Federal Trade Commission list of consumer complaints credit unions have increasingly taken a more proactive approach designed to help members in the fraud and identity theft fight. According to the FTC, identity theft complaints represented 37% of the...

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February 28, 2006

Yields on Investment Fall within a Respectable Range for Credit Unions

WASHINGTON - Investments as a percentage of assets were as high as 81% and as low as 11% for the country's top 50 largest credit unions as of Sept. 30, 2005. According to Callahan & Associates, the most current data shows that Connecticut State Employees Credit Union had 81.38% of...

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February 28, 2006

Credit Unions Rediscover Branch Power

WEST PALM BEACH, Fla. - When it comes to providing member convenience and building member relationships more credit unions are taking another look at branching out. While the branch has never been "out", talks of it playing a diminished role in reaching members were greatly exaggerated. Whether large or small,...

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Top News Stories

Treasury Officials Thank CU Organizations for Work on PCA Reform, More to be Done

League Service Corps. Working with CUs To Get Comfortable with Image Exchange

Some Credit Unions Turn Checking Accounts Into PFI Superglue

Recommended Just For You

News Stories

First NCUF Breakout Session a Crowded Success

Johnson: NCUA "Not About to Impose CRA" on Credit Unions, Tough on Conversion Disclosures

Welcome to Washington, D.C.

Despite Refi Drought, CU Mortgage Business Strong in 2005

Identity Theft is Top Consumer Concern, CUs Help to Fight Back

Yields on Investment Fall within a Respectable Range for Credit Unions

Credit Unions Rediscover Branch Power