News

Forbes.com Blog Talk Up CUs' Low Credit Card Rates 

Posted by Marissa Anema Friday, January 14, 2011 9:53:00 AM
A blog posted on Forbes.com on Thursday compares credit union card credit fees with hose of big banks. "Credit Union Card or Bank Card? Take a Look at the Fees" gives two examples of card offers:... read more
 

New Complaint Filed by NCUA Against WesCorp Defendants 

Posted by Marissa Anema Thursday, January 13, 2011 11:12:00 AM
Wednesday, NCUA filed a new, 20-page complaint against Western Corporate Federal Credit Union's (WesCorp) outside directors, according to a January 12 article in the Credit Union Times. The report... read more
 

NJCUL's 2011 Media Plan Now Available, "Banking You Can Trust" Campaign Expanding 

Posted by Marissa Anema Wednesday, January 12, 2011 12:09:00 PM
HIGHTSTOWN, N.J. - The New Jersey Credit Union League's cooperative advertising campaign, "New Jersey's Credit Unions, Banking You Can Trust", has started the year off strong. Not only is the... read more
 

Bankers Reject Two-tier Interchange Proposal, on Common Ground with CUs 

Posted by Marissa Anema Wednesday, January 12, 2011 12:08:00 PM
WASHINGTON - Bankers are rejecting Visa's proposal for a dual system on debit card interchange, an approach they argue will ultimately force merchants to migrate to lower-cost cards mandated for the... read more
 

NJCUL Offers Filene Research Paper on Interchange Free to Member CUs 

Posted by Marissa Anema Tuesday, January 11, 2011 11:40:00 AM
HIGHTSTOWN, N.J. - Filene Research Institute recently released "Interchange Regulation: Implications for Credit Unions" by Professor Adam Levitin and through your membership with the New Jersey... read more
 

Fitch Ratings Affirms Mid-Atlantic Corporate at 'A+' Following Merger Announcement 

Posted by Marissa Anema Tuesday, January 11, 2011 11:39:00 AM
CHICAGO - Fitch Ratings has affirmed the 'A+' long-term Issuer Default Rating (IDR) and 'F1+' short-term IDR of Mid-Atlantic Corporate Federal Credit Union (Mid-Atlantic), following the announcement... read more
 

Credit Unions for Kids Logo and CMN Name Get an Update 

Posted by Marissa Anema Monday, January 10, 2011 11:50:00 AM
Children's Miracle Network has a new name and logo as of January 1, 2011: they are now Children's Miracle Network Hospitals! Joe Dearborn, Senior Director, Credit Unions for Kids, explains, "Adding... read more
 

Join Gentile for External Factors Board Members Should Know at the Shore/South Jersey Chapter's February Meeting 

Posted by Marissa Anema Friday, January 07, 2011 11:40:00 AM
SOMERS POINT, N.J. - With a new Congress in session and new regulations on board responsibility and literacy, it is more important than ever for credit union boards to be aware of the various... read more
 

Assemblyman Coughlin Signs-on GUDPA Bill 

Posted by Marissa Anema Friday, January 07, 2011 11:39:00 AM
TRENTON, N.J. - Assemblyman Craig Coughlin (D-19) has added his name as a co-sponsor to legislation (A-1597) that would amend the state's forty-year old Governmental Unit Depository Protection Act... read more
 

Merck EFCU CEO Del Nero Talks Free Checking and Interchange Fees in CU Times Article 

Posted by Marissa Anema Thursday, January 06, 2011 10:19:00 AM
Credit unions have been handed "a tremendous opportunity" in light of big banks dropping free checking, Merck Employees Federal Credit Union CEO and NJCUL board member Ray Del Nero told the Credit... read more
 
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