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Seasons Greetings from Credit Union Times

By Staff Writer

With this the 51st and final issue of 2006, Credit Union Times offers up holiday wishes to all of our subscribers and advertisers. Pictured here are members of the editorial and production team. The group recently held its traditional annual holiday dinner in Red Bank, N.J. (Back row, from left)...

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Sanders Requests GAO Study of S&L and Sub S Costs

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A la Centrix, NCUA Issues Third-Party Reminder

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December 19, 2006

NAFCU Says Adopting Proposed Illustrations Now Would Be a 'Leap of Faith'

NAFCU President Fred Becker, in response to NCUA's request for comment on the Proposed Illustrations of Consumer Information for Nontraditional Mortgage Products and the Proposed Illustrations that were simultaneously issued with the Interagency Guidance Regarding Nontraditional Mortgage Products by the five federal regulatory agencies, has written NCUA and expressed his...

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December 19, 2006

Homeland Security Warns of Potential Cyber Attack on Financial Institutions

The U.S. Computer Emergency Readiness Team, a division of the Department of Homeland Security, recently issued an advisory about a possible cyber attack on U.S. financial institutions.

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December 19, 2006

Regulators Issue Updated ALLL Policy Statement

NCUA and the other federal financial regulators last week issued a revised interagency policy statement on the Allowance for Loan and Lease Losses, supplemented with frequently asked questions.

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December 19, 2006

Credit Union Dividends Abound Throughout the Year

Credit unions continued their tradition of rewarding members with all sorts of bonuses and dividends.

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December 19, 2006

Marcy Going the Way of Several Others

When all the paperwork has been signed off on, the $24 million Marcy Federal Credit Union will be the seventh credit union to convert to a mutual bank as part of the process of merging with a mutual bank.

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December 19, 2006

Treasury Faces Change at Top; Snow Was Strong Supporter of CU Tax-Exemption

Former Treasury Secretary John Snow was as strong a supporter of the credit union tax-exemption as the community has ever seen in that post, but Henry Paulson has shown willingness to dialogue with credit unions. Though no big public announcements have been made by Paulson in support of the tax-exemption...

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December 19, 2006

Fed Tidies Up Reg O Following Reg Relief Act

The Federal Reserve Board announced recently that it had approved an interim final rule to eliminate several statutory reporting and disclosure requirements relating to insider lending by insured depository institutions and was seeking public comment on it.

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Seasons Greetings from Credit Union Times

Sanders Requests GAO Study of S&L and Sub S Costs

A la Centrix, NCUA Issues Third-Party Reminder

Recommended Just For You

News Stories

NAFCU Says Adopting Proposed Illustrations Now Would Be a 'Leap of Faith'

Homeland Security Warns of Potential Cyber Attack on Financial Institutions

Regulators Issue Updated ALLL Policy Statement

Credit Union Dividends Abound Throughout the Year

Marcy Going the Way of Several Others

Treasury Faces Change at Top; Snow Was Strong Supporter of CU Tax-Exemption

Fed Tidies Up Reg O Following Reg Relief Act