Search Results

ALEXANDRIA, Va.-At the NCUA Board's November meeting, the agency announced reductions in the 2005 budget, overhead transfer rate, and operating fee. At $148 million, NCUA's budget approved for next year was a 1.29% decrease from the 2004 budget. The overhead transfer rate, which determines what percentage of funds come out...

In a rare opportunity, Credit Union Times offered the leaders of the three major trade associations and of the NCUA Board an opportunity to look back and brag about what they viewed as their organizations' biggest achievements in 2004. Here's what they had to say:

BURNSVILLE, Minn. - The Minnesota Credit Union Network's Political Involvement Committee's annual Holiday Wine Tasting was a wonderful social opportunity for credit unions to celebrate the holiday season as well as raise funds for CULAC. The event held Dec. 9 at US FCU was attended by 55 credit union professionals...

I am extremely pleased with the significant progress NCUA has made in the area of addressing credit union capital and prompt corrective action issues for federal credit unions. In October, NCUA held the Summit of Credit Union Capital which allowed great progress in opening dialogue on the issues and exploring...

WASHINGTON - For community development credit unions that qualify as Community Development Financial Institutions, 2004 will go down as the year the U.S. Treasury Department's CDFI Fund remembered them again. In 2003, the relationship between credit union CDFIs and the federal fund which had assisted their growth with various sorts...

Credit unions know when it's time to fold as 2004 wraps up with credit unions finding new names, brands and identities. From the made-up to the simplified here is a look at just a few of the notable name changes in 2004: After 70 years Houston-based First Educators Credit Union...

This issue is the 51st and final issue of 2004. Credit Union Times will begin 2005 with its January 5 issue. Readers should note however that Credit Union Times will continuously update its Web site during the one week there is no printed issue. Visit www.cutimes.com for all the latest...

DALLAS - Jack L. Eaker, who served as president of the Texas Credit Union League for more than 10 years, died Dec. 13. He was 73. A Texas native, Eaker began his career in the credit union movement in the 1960s working with the insurance affiliate of the Texas League....