News

Streamlined LICU Eligibility to Help Credit Access According NCUA 

Posted by Marissa Anema Wednesday, August 08, 2012 11:41:00 AM
WASHINGTON – As promised last month in Chicago at the CUNA’s American Association of Credit Union League (AACUL) summer meeting, NCUA sent letters yesterday to nearly 1,000 credit unions... read more
 

Fryzel: Vermont’s ‘Bank’ Ad Ban is an Abuse of Regulator’s Power 

Posted by Marissa Anema Tuesday, August 07, 2012 12:06:00 PM
“The recent decision by the State of Vermont Department of Financial Regulation ordering the Vermont State Employees Credit Union to stop using words such as ‘bank’ and ‘banking’ in its... read more
 

NJ BIZ: Lenders Noting Increase in Small Biz Loan Demand 

Posted by Marissa Anema Tuesday, August 07, 2012 10:56:00 AM
Lenders are seeing pent-up demand from businesses to seize opportunities to grow, according to a Monday article on NJBIZ.com. The article, titled “Firms are Cautious but Active”, cites... read more
 

Cheney Addresses MBLs, Taxation & More in Legislative Update 

Posted by Marissa Anema Tuesday, August 07, 2012 10:00:00 AM
WASHINGTON – As lawmakers left town for their August recess, CUNA President/CEO Bill Cheney used the occasion to report on where major credit union issues stand and how the industry can... read more
 

Municipal Deposits Training Scheduled for September 13  

Posted by Marissa Anema Monday, August 06, 2012 11:23:00 AM
HIGHTSTOWN & TRENTON, N.J. – The NJCUL and NJ Division of Banking have scheduled a training session for credit unions interested in becoming eligible depositories for local government... read more
 

NJCUL CEO Focuses on NCUA's Latest Proactive Move in CUinsight Column 

Posted by Marissa Anema Friday, July 27, 2012 11:08:00 AM
HIGHTSTOWN, N.J. – New Jersey Credit Union League President/CEO Paul Gentile commends NCUA for its effort to communicate with credit unions and streamline its regulations in his latest... read more
 

Court Green-Lights NCUA's Wall St. Bank Suits  

Posted by Marissa Anema Friday, July 27, 2012 11:07:00 AM
TOPEKA, Kan. – A U.S. District Court judge in Kansas has given the go-ahead to continue a combined lawsuit filed by NCUA against RBS Securities Inc. and Wachovia Capital Markets Inc. over... read more
 

CUNA Outlines CU Concerns in Proposed Prepaid Card Rules 

Posted by Marissa Anema Thursday, July 26, 2012 11:19:00 AM
WASHINGTON – New disclosures and consumer protections for users of general-purpose reloadable prepaid debit cards would offer many benefits to consumers, but the potential application of... read more
 

NJCUL Releases 'Collaborating for Efficiencies' Roundtable Summary 

Posted by Marissa Anema Wednesday, July 25, 2012 12:08:00 PM
HIGHTSTOWN, N.J. – Recently the League held a CEO Roundtable that focused on potential areas of collaboration New Jersey credit unions could engage in to improve performance and/or reduce... read more
 

Wall Street Journal: CUs Beat Banks on CD Rates 

Posted by Marissa Anema Tuesday, July 24, 2012 12:00:00 PM
In an article published Saturday, The Wall Street Journal highlighted credit unions for the favorable rates they pay on certificates of deposits (CDs) in comparison to banks. An analysis ... read more
 
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