Posts From June, 2012

CUs Accepting Municipal Deposits in Several States, NJ Final Rule Expected Soon 

Friday, June 29, 2012 12:09:00 PM
MADISON, Wis. – Credit unions in several states nationwide are increasingly accepting municipal deposits from local governments. More states are trying to get laws passed to obtain that... read more
 

ATM Disclosure-Fix Advances, Passes Financial Services Committee 

Thursday, June 28, 2012 11:09:00 AM
WASHINGTON – The House Financial Services Committee yesterday unanimously approved legislation that would ease a duplicative ATM disclosure requirement that has left ATM services providers... read more
 

NCUA Board Member Michael Fryzel Addresses N.J. CUs 

Tuesday, June 26, 2012 12:24:00 PM
JAMESBURG, N.J. – When asked if NCUA was gearing up for any major regulatory relief, NCUA Board member Michael Fryzel said a major relief effort is not in the cards given the climate in... read more
 

NCUA Issues Letter to CUs on Transition of U.S. Central Bridge FCU’s ACH Services 

Friday, June 22, 2012 11:03:00 AM
ALEXANDRIA, Va. – On Thursday, the NCUA issued a letter to federally insured credit unions giving an update on transitioning U.S. Central Bridge Corporate Federal Credit Union Automated... read more
 

Call for Nominations for the NJCUL Board of Directors Going on Now 

Thursday, June 21, 2012 11:51:00 AM
Pursuant to the Election Rules for the NJCUL Board of Directors, a call for nominations was issued on June 20th. All directors elected during this balloting will serve beginning January... read more
 

CFPB Card Site Goes Live with 137 Complaints, 17,000 in Backlog  

Wednesday, June 20, 2012 11:20:00 AM
WASHINGTON – The CFPB’s consumer credit card complaint database went live yesterday logging 137 complaints. None of the issues reported involve credit union-issued cards. The database... read more
 

Sign Up for ‘SMAD’, NJCUL’s Convention Guest Program Featuring Revel’s Professional Mixologists! 

Tuesday, June 19, 2012 11:24:00 AM
ATLANTIC CITY, N.J. – Sign up for “SMAD”, the exciting guest program at NJCUL’s 78th Annual Meeting and Convention! What does SMAD stand for? Simple Drinks, Martini Drinks, “All In” Drinks,... read more
 

Strong CU Support to Continue, CDFI Says 

Monday, June 18, 2012 11:21:00 AM
WASHINGTON – Credit unions demonstrate that America "can be stronger when we include those that have been excluded, and when we seek to build institutions that are both sustainable and... read more
 

CUs Hear from IRS on Form 990-T Issues 

Wednesday, June 13, 2012 11:31:00 AM
WASHINGTON – In a communication that appears to respond to credit union and CUNA concerns regarding recent Form 990 issues, the IRS has advised any state-chartered credit unions that have... read more
 

CFPB Update: Notice of Possible 'Sweepstakes' Scam 

Wednesday, June 13, 2012 11:30:00 AM
The CFPB’s Chris Wiley, Chief Information Officer, announced yesterday that last month the CFPB told consumers about a possible sweepstakes scam and while the CFPB continues to investigate,... read more
 
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