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CU Public Funds Score: One Win in Oregon, Loss in Colorado

By Jim Rubenstein

When it comes to credit unions and public funds legislation, it's been a mixed bag so far this winter with Oregon Gov. Ted Kulongoski ready to sign a milestone industry bill any day that will enable CUs to bid on municipal funds above $250,000.

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Rangel Steps Aside as Ways and Means Chairman

Barr: Consumer Agency Will Help Credit Unions

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Regulatory & Compliance Stories

March 02, 2010

Greenspan: Employment Woes To Continue

WASHINGTON -- Even when companies start hiring again, it will be some time before there is a serious dent in the unemployment rate, former Federal Reserve Chairman Alan Greenspan told attendees of CUNA's Governmental Affairs Conference.

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March 02, 2010

Ex-Banker Stark in Line to Chair Ways and Means Committee

If the House follows seniority, Rep. Pete Stark (D-Calif.), who once started and ran a community bank in suburban San Francisco, would be the next chairman of the House Ways and Means Committee.

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March 02, 2010

NCUA Board Chairman Matz Urges Credit Unions to Balance Growth and Soundness

WASHINGTON -- Credit unions should aim to serve 100 million members by 2015 while paying careful attention to matters of financial soundness, NCUA Board Chairman Debbie Matz told attendees at CUNA's Governmental Affairs Conference.

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March 02, 2010

Banks Hold Undeniable Sway Over CU Legislation

Attendees of CUNA's Governmental Affairs Conference last week were spared a winter storm, but there was a flurry of activity.

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March 02, 2010

Bernanke Turns MBL Hike Scrooge

Talk about bad timing for credit unions.

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March 01, 2010

Trades Submit Letters to Senate Hearing on Small Business Lending

Even though they weren't invited to testify-and the banking trade associations were-CUNA and NAFCU sent letters to a Senate subcommittee urging lawmakers to raise the cap on member business lending.

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February 28, 2010

NCUA Liquidates Mutual Diversified Employees FCU

The NCUA on Friday liquidated Mutual Diversified Employees Federal Credit Union of Santa Ana, Calif. and its assets were purchased by SchoolsFirst Federal Credit Union in the same city.

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