News

TCF Bank Withdraws Interchange Case 

Posted by Marissa Anema Friday, July 01, 2011 12:03:00 PM
WASHINGTON - On Thursday, TCF National Bank moved to voluntarily dismiss its months-long legal challenge to the Federal Reserve's proposed debit interchange fee regulations. TCF last October filed ... read more
 

Assembly Passes Municipal Deposit Reform, Legislation Moves on to Governor's Office 

Posted by Marissa Anema Thursday, June 30, 2011 9:23:00 AM
TRENTON, N.J. - Legislation that would enable counties, school boards, municipalities, and other local government entities to utilize credit unions as depositories (S-1807/A-1597) was passed by the... read more
 

Federal Reserve Unveils Interchange Fee Plan 

Posted by Marissa Anema Thursday, June 30, 2011 9:00:00 AM
Yesterday, the Federal Reserve unveiled a plan to curb the debit-card "interchange" fees, proposing a base fee of 21 cents. This is less restrictive than the draft proposal. Credit unions and... read more
 

Assembly to Vote on Municipal Deposits Reform Today 

Posted by Marissa Anema Wednesday, June 29, 2011 10:59:00 AM
TRENTON, N.J. - Legislation that would enable counties, school boards, municipalities, and other local government entities to utilize credit unions as depositories (S-1807/A-1597) has been scheduled... read more
 

June 2011 Issue of NJ DNA Newsletter Now Available 

Posted by Marissa Anema Tuesday, June 28, 2011 10:50:00 AM
HIGHTSTOWN, N.J. - As part of its efforts to keep New Jersey credit union directors and volunteers in the know, the New Jersey Director and Volunteer Network Alliance (NJ DNA) posts and sends a... read more
 

St. James Conserved, Assumed by North Jersey FCU 

Posted by Marissa Anema Monday, June 27, 2011 12:02:00 PM
NEWARK, N.J. - On Friday, June 24th, the NCUA liquidated St. James A.M.E. Federal Credit Union of Newark, N.J. North Jersey Federal Credit Union of nearby Totowa immediately assumed St. James A.M.E.... read more
 

Credit Union Registration Materials for Convention Now Available! 

Posted by Marissa Anema Friday, June 24, 2011 10:35:00 AM
HIGHTSTOWN, N.J. - The New Jersey Credit Union League's 77th Annual Meeting and Convention is set for September 18-20 in Atlantic City at the beautiful Taj Mahal Casino Hotel and we want your CU... read more
 

NCUA Announces Personnel Changes, General Counsel Bob Fenner to Retire 

Posted by Marissa Anema Thursday, June 23, 2011 2:36:00 PM
ALEXANDRIA. Va. - After 30 years of dedicated service at the agency, NCUA General Counsel Robert (Bob) Fenner has announced that he will retire on August 1. Fenner's vacated post at the NCUA will be... read more
 

League Comments on NCUA's Voluntary Prepaid Assessment Program 

Posted by Marissa Anema Tuesday, June 21, 2011 11:56:00 AM
On Monday, the New Jersey Credit Union League filed a comment letter in response to the NCUA Board's proposal regarding a voluntary prepaid corporate credit union assessments program. At credit union ... read more
 

NCUA Suing J.P. Morgan, RBS to Recover $800 Million 

Posted by Marissa Anema Monday, June 20, 2011 3:41:00 PM
NCUA announced that it has filed two lawsuits against securities firms alleging violations of federal and state securities laws and misrepresentations in the sale of hundreds of securities. The suits ... read more
 
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