Posts From January, 2011

Bankers Reject Two-tier Interchange Proposal, on Common Ground with CUs 

Wednesday, January 12, 2011 12:08:00 PM
WASHINGTON - Bankers are rejecting Visa's proposal for a dual system on debit card interchange, an approach they argue will ultimately force merchants to migrate to lower-cost cards mandated for the... read more
 

NJCUL Offers Filene Research Paper on Interchange Free to Member CUs 

Tuesday, January 11, 2011 11:40:00 AM
HIGHTSTOWN, N.J. - Filene Research Institute recently released "Interchange Regulation: Implications for Credit Unions" by Professor Adam Levitin and through your membership with the New Jersey... read more
 

Fitch Ratings Affirms Mid-Atlantic Corporate at 'A+' Following Merger Announcement 

Tuesday, January 11, 2011 11:39:00 AM
CHICAGO - Fitch Ratings has affirmed the 'A+' long-term Issuer Default Rating (IDR) and 'F1+' short-term IDR of Mid-Atlantic Corporate Federal Credit Union (Mid-Atlantic), following the announcement... read more
 

Credit Unions for Kids Logo and CMN Name Get an Update 

Monday, January 10, 2011 11:50:00 AM
Children's Miracle Network has a new name and logo as of January 1, 2011: they are now Children's Miracle Network Hospitals! Joe Dearborn, Senior Director, Credit Unions for Kids, explains, "Adding... read more
 

Join Gentile for External Factors Board Members Should Know at the Shore/South Jersey Chapter's February Meeting 

Friday, January 07, 2011 11:40:00 AM
SOMERS POINT, N.J. - With a new Congress in session and new regulations on board responsibility and literacy, it is more important than ever for credit union boards to be aware of the various... read more
 

Assemblyman Coughlin Signs-on GUDPA Bill 

Friday, January 07, 2011 11:39:00 AM
TRENTON, N.J. - Assemblyman Craig Coughlin (D-19) has added his name as a co-sponsor to legislation (A-1597) that would amend the state's forty-year old Governmental Unit Depository Protection Act... read more
 

Merck EFCU CEO Del Nero Talks Free Checking and Interchange Fees in CU Times Article 

Thursday, January 06, 2011 10:19:00 AM
Credit unions have been handed "a tremendous opportunity" in light of big banks dropping free checking, Merck Employees Federal Credit Union CEO and NJCUL board member Ray Del Nero told the Credit... read more
 

Mark Your Calendars: Dates Set for 2011 Executive Leadership Series! 

Thursday, January 06, 2011 10:19:00 AM
HIGHTSTOWN - The dates have been set for the New Jersey Credit Union League's 2011 Executive Leadership Series! NJCUL launched this unique series last year, bringing you conference-caliber... read more
 

CUNA Provides Roadmap for Reduced Regulatory Burden 

Thursday, January 06, 2011 10:18:00 AM
WASHINGTON - The 112th Congress, which began on Wednesday, can help lessen the regulatory burden faced by credit unions by allowing credit unions to raise supplemental capital, reviewing and... read more
 

Reality Check 2011 Update: Special Director Education Session Added in Wake of NCUA's New Director Duties Reg 

Wednesday, January 05, 2011 10:18:00 AM
The groundbreaking Credit Union Reality Check 2011 is now even more valuable. A special director education session has been added to the line-up to assist credit union directors in complying with ... read more
 
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