News

CUs Discuss Best Practices for Financial Reality Fairs at Latest Meeting 

Posted by Marissa Anema Wednesday, July 11, 2012 11:36:00 AM
HIGHTSTOWN, N.J. – New Jersey credit unions gathered on Tuesday at the League office and also at Atlantic FCU and Members 1st of NJ FCU via video conferencing for a “Best Practices” Reality... read more
 

ATM Disclosure-Fix Passes U.S. House  

Posted by Marissa Anema Tuesday, July 10, 2012 9:14:00 AM
WASHINGTON – The House of Representatives late yesterday approved the credit union-supported ATM disclosure bill (H.R. 4367) by a vote of 371-0. The legislation will eliminate a frustrating... read more
 

WOCCU: Global CU Membership Climbs to 196M 

Posted by Marissa Anema Monday, July 09, 2012 10:33:00 AM
MADISON, Wis. – The worldwide credit union movement added eight million new members in 2011, reaching 196 million members from 100 reporting countries, according to World Council of Credit... read more
 

ATM Disclosure-Fix Could Get House Vote Today 

Posted by Marissa Anema Monday, July 09, 2012 10:32:00 AM
WASHINGTON – Legislation that would help credit unions and other financial institutions by easing duplicative ATM regulations is on the House calendar for this week, and could receive a full ... read more
 

CUNA Mutual: Overdraft Privilege Programs Draw Fire  

Posted by Marissa Anema Tuesday, July 03, 2012 10:58:00 AM
CUNA Mutual Group issued a Risk Alert stating that “after a number of successful class action lawsuits against banks, consumers may be targeting credit unions alleging abusive overdraft... read more
 

N.J. CUs Sponsor ‘CU Day’ at Lakewood BlueClaws, Gentile Throws First Pitch 

Posted by Marissa Anema Monday, July 02, 2012 2:02:00 PM
New Jersey Credit Union League President/CEO Paul Gentile stands with his two sons, Christopher and Joseph, characters from the popular children's TV show Yo Gabba Gabba, a Lakewood... read more
 

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

Posted by Marissa Anema 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 

Posted by Marissa Anema 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 

Posted by Marissa Anema 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 

Posted by Marissa Anema 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
 
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