NJCUL's Michlig Appointed to AACUL's Regulatory Advocacy/Compliance Advisory Committee 

Posted by Marissa Anema Tuesday, January 28, 2014 11:56:00 AM
WASHINGTON – New Jersey Credit Union League President/CEO Greg Michlig was recently appointed to the American Association of Credit Union Leagues’ (AACUL) Regulatory Advocacy/Compliance Advisory... read more

League, CU Reps Brief Senator Cory Booker on CU Issues 

Posted by Marissa Anema Friday, January 24, 2014 11:30:00 AM
NEWARK, N.J. – NJCUL staff and board members, and representatives of a smaller and larger asset-sized credit union, met yesterday with U.S. Senator Cory Booker (D-NJ) to brief him on credit union... read more

Governor Signs CUAC Bill CUs Represented at Inaugural 

Posted by Marissa Anema Wednesday, January 22, 2014 11:47:00 AM
RENTON, N.J. – Although Governor Christie let die or “pocket-vetoed” nearly 50 bills yesterday after heading over to the Trenton War Memorial to take the oath of office for his second term, he... read more

CUNA Pushing Back on Call Report Late Fines 

Posted by Marissa Anema Tuesday, January 21, 2014 10:23:00 AM
WASHINGTON – The NCUA’s plan to fine late call report filers is a clear case of "regulatory overreach," CUNA President/CEO Bill Cheney said in this week's The Cheney Report. In a Letter to... read more

McFadden Elected NJCUL Board Chairman, 2014 Table Officers Elected 

Posted by Marissa Anema Friday, January 17, 2014 12:16:00 PM
HIGHTSTOWN, N.J. – The New Jersey Credit Union League board elected its 2014 table officers at its most recent board meeting. Linda McFadden was elected Chairman. Leo Ardine was elected Vice... read more

CFPB Seeks New Credit Union Advisory Council Members 

Posted by Marissa Anema Thursday, January 16, 2014 11:31:00 AM
WASHINGTON – The Consumer Financial Protection Bureau (CFPB) announced Wednesday that it is seeking applications for positions on its advisory groups, including the Credit Union Advisory Council... read more

Asbury Park Press: N.J. Urges Target Customers to Sign Up for Credit Monitoring 

Posted by Marissa Anema Wednesday, January 15, 2014 10:32:00 AM
According to a recent Asbury Park Press article, the state’s top law enforcement officer has a little advice for Target customers in New Jersey: Sign up for the offer by Target, which was hit by a ... read more

NJ CU Foundation Elects Table Officers for 2014; Appoints Powers as Newest Board Member 

Posted by Marissa Anema Monday, January 13, 2014 11:59:00 AM
HIGHTSTOWN, N.J. – At its first board meeting and planning session of 2014, the New Jersey Credit Union Foundation elected Michael Hou, United Teletech Financial FCU, as chairperson; Tracy... read more

CUAC Expansion Bill Passes Assembly, Sent to Governor  

Posted by Marissa Anema Tuesday, January 07, 2014 1:15:00 PM
TRENTON, N.J. – Legislation (S-2660) that would expand the state’s Credit Union Advisory Council (CUAC) to seven members and provide for representation of federally chartered credit unions passed... read more

CFPB Provides Basic Guide for Lenders: What is a Qualified Mortgage 

Posted by Marissa Anema Monday, January 06, 2014 1:48:00 PM
WASHINGTON – Starting January 10, 2014, credit unions must assess the borrower’s ability to repay for virtually all closed-end residential mortgage loans. All Qualified Mortgages (QM) are presumed ... read more
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