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CURIA Support is Deeper Than Gentile Knows

By Staff Writer

The allegation in Paul Gentile's Aug.1, 2007 column of a lack of support for CURIA by large credit union CEOs, and insinuation that it's part of a plot to take over smaller credit unions, are not only unsupported, they're wrong, potentially damaging to the entire credit union movement, and give...

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CUNA Writes Fed in Favor of Restrictions on Predatory Lending Practices

Credit Union Members' Data Must Be Protected, Hyland Emphasizes

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Regulatory & Compliance Stories

August 21, 2007

Fed Injects Funds in Markets

The Federal Reserve has announced that it is providing liquidity to help calm the financial markets after its recent decision not to raise rates.

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August 21, 2007

Hawaii Financial Abuse Act Not Pre-Empted by NCUA Regs

NCUA informed a Hawaii law firm that its regulations do not pre-empt the Hawaii Financial Abuse Act that requires federal credit unions to report suspected financial abuse of an elder.

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August 20, 2007

NCUA Pre-Empts Ga. Law on Check Cashing Fees

In a recent legal opinion letter, NCUA stated that federal regulation pre-empts a Georgia state law prohibiting charging fees to non-accountholders for cashing share drafts on federal credit unions.

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August 20, 2007

NAFCU Asks NCUA to Hold Off on Re-Incorporating Bylaws into Regulation for Now

While NAFCU shares the agency's concerns over member access to the courts, NCUA should not re-incorporate its bylaws into regulation at this time.

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August 14, 2007

New Saver's Act Introduced in the Senate

Senator Hillary Rodham Clinton (D-N.Y.) and Senator Gordon Smith (R-Ore.) have introduced The New Saver's Act (S. 1967) to push American's savings back into the black.

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August 14, 2007

Michigan Regulator: State CUs Exempt From Personal Property Tax

Michigan Credit Union Division Deputy Commissioner Roger Little reiterated the tax-exempt status of Michigan state chartered credit unions in a recent letter.

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August 14, 2007

Johnson Unveils New NCUA Internet Resource Connection

ALEXANDRIA, Va. -- NCUA launched "The Resource Connection" last week as a central location to access and share information on credit union business practices, partnership resources, funding and training opportunities.

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