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

1st Quarter 2011 New Jersey CU Statistics Now Available 

Posted by Marissa Anema Monday, June 20, 2011 12:14:00 PM
HIGHTSTOWN, N.J. - NJCUL has been offering member credit unions summaries of New Jersey credit union quarterly statistics compiled by CUNA. The statistics for first quarter 2011 are now available,... read more

NCUA Board Meeting Summary Now Available: NCUSIF a Hot Topic 

Posted by Marissa Anema Monday, June 20, 2011 12:12:00 PM
ALEXANDRIA, Va. - The NCUA Board met Friday for the agency's monthly board meeting. Perhaps the most important aspect of the meeting was a question posed by NCUA Board Member Gigi Hyland, who... read more

N.J. Credit Unions Continue to Make Progress with Municipal Deposit Reform 

Posted by Marissa Anema Friday, June 17, 2011 11:46:00 AM
TRENTON, N.J. - Yesterday afternoon, the New Jersey Assembly Financial Institutions and Insurance Committee passed the Governmental Unit Depository Act (GUDPA) Reform legislation (A-1597) by a 6-2... read more

Federation Offers CU Toolkit to Help Members Avoid Foreclosure, Available to League Members 

Posted by Marissa Anema Thursday, June 16, 2011 11:09:00 AM
In tough times, members often turn to their credit unions as trusted financial partners and advisors. As a HUD-Approved National Housing Counseling Intermediary, the National Federation of Community... read more
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