News

CUNA Releases Guidance on CU Exam Issues 

Posted by Marissa Anema Tuesday, January 18, 2011 11:00:00 AM
In response to credit unions' increasing frustrations with regulatory exams, CUNA has developed a bill of "examination rights," which is detailed and cross-referenced to NCUA's own examiner guide.... read more
 

Get a Compliance Update at the February Union/Morris Chapter Meeting 

Posted by Marissa Anema Monday, January 17, 2011 12:10:00 PM
UNION, N.J. - Are you ready for the year ahead when it comes to compliance? Get up-to-date on the new rules, regulations, and requirements at the Union/Morris Chapter's February meeting. NJCUL... read more
 

Reminder: Interchange Call-to-Action Continues, Visit NJCUL Online Grassroots Action Center to Contact the Fed Today 

Posted by Marissa Anema Monday, January 17, 2011 12:07:00 PM
WASHINGTON - A nationwide interchange Call-to-Action dubbed Operation Comment is underway. Credit union professionals, volunteers, and members are encouraged to visit NJCUL's Online Grassroots Action ... read more
 

Lottery Scam & Counterfeit Check Alert! 

Posted by Marissa Anema Friday, January 14, 2011 11:31:00 AM
CUNA Mutual Group's Resource Protection Center reported that individuals are receiving cashier checks bearing the name of Patriot Federal Credit Union, Pennsylvania, all in the amount of $3,920.00.... read more
 

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
 
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