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NY League Introduces New Compromise Municipal Deposit Bill

By Jim Rubenstein

The Credit Union Association of New York stepped up its campaign Friday to win lawmaker support for a compromise bill on allowing the deposit of public funds with a $250,000 cap.

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NCUA Seizes Arrowhead CU but Execs on Paid Leave

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CEO Doesn't Mind Members United Gains Going to NCUSIF

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Regulatory & Compliance Stories

June 24, 2010

Members United's Legacy Assets Could Generate $60 Million Profit

The struggling $9 billion Members United Corporate FCU today reported some good news in its May financial reports: long-term OTTI projections have improved by $35 million to $60 million, depending upon loss projection model.

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June 24, 2010

New Fannie Mae Policy May Make CUs Mortgage Police

Mortgage servicers, including credit unions, have a new stick to wield with loan borrowers who might contemplate walking away from a mortgage commitment, according to new policy from Fannie Mae.

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June 24, 2010

CFA Praises Passage of Financial Reform Legislation, CU's Still Oppose

Even as CUNA and NAFCU have indicated they will opposed the current finance reform package, the Consumer Federation of America has hailed Congress for having brought the bill this far.

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June 23, 2010

Kansas CUSO Aims to Dispel Membership Myths

Through a number of free, promotional materials, Beyond Marketing LLC has launched a web site to help credit unions change misunderstandings about membership eligibility.

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June 23, 2010

Trades Continue Ramping Up for Elections

The lawmaker who circulated the "dear colleague," letter on interchange, has received contributions from the political action committees of CUNA and NAFCU during this campaign cycle.

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June 23, 2010

Fewer Than 100 Credit Unions May Wind Up With TARP/CDCI Money

Although the funding process is nowhere near complete, it appears that fewer than 100 credit unions may wind up receiving any money from the U.S. Treasury's Troubled Asset Relief Program.

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June 23, 2010

Conferees in Final Stages on Financial Overhaul Bill

House and Senate conferees are putting the final touches on the financial overhaul bill and were hoping to finish work Thursday evening so both chambers could vote next week.

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Regulatory & Compliance

Top Regulatory & Compliance Stories

NY League Introduces New Compromise Municipal Deposit Bill

NCUA Seizes Arrowhead CU but Execs on Paid Leave

CEO Doesn't Mind Members United Gains Going to NCUSIF

Recommended Just For You

Regulatory & Compliance Stories

Members United's Legacy Assets Could Generate $60 Million Profit

New Fannie Mae Policy May Make CUs Mortgage Police

CFA Praises Passage of Financial Reform Legislation, CU&#039;s Still Oppose

Kansas CUSO Aims to Dispel Membership Myths

Trades Continue Ramping Up for Elections

Fewer Than 100 Credit Unions May Wind Up With TARP/CDCI Money

Conferees in Final Stages on Financial Overhaul Bill

CFA Praises Passage of Financial Reform Legislation, CU's Still Oppose