News

CUNA Calls for NCUA to Share in Belt-tightening, Join Administration's Proposed Wage-freeze  

Tuesday, December 14, 2010 10:20:56 AM
WASHINGTON - In light of the significant "belt tightening" of many credit unions and the Obama Administration's proposal to freeze civilian federal workers' salaries for two years, CUNA continues to... read more
 

Fed to Unveil Debit Interchange Rule Thursday, Watch Live Webcast 

Monday, December 13, 2010 11:53:33 AM
WASHINGTON - The Federal Reserve Board announced that it will consider its interchange proposal at its December 16 meeting. The meeting will be Webcast live. The Fed's announcement, which includes... read more
 

Matz Testifies Before Senate Banking Committee on CU Industry Strength, Stability, Corporate Reforms 

Friday, December 10, 2010 12:04:02 PM
On Thursday, NCUA Chairman Debbie Matz answered questions posed by the Senate Committee on Banking, Housing, and Urban Affairs (Committee). Matz, in her opening statement, testified that NCUA has... read more
 

Chairman Matz Backs MBL Legislation During Senate Hearing  

Friday, December 10, 2010 12:00:11 PM
WASHINGTON - NCUA Chairman Debbie Matz on Thursday backed increasing the member business lending (MBL) cap for credit unions, saying that business lending, when done properly, is an important tool... read more
 

Chairman Matz to Testify at Senate Hearing, CUNA Statement Submitted 

Thursday, December 09, 2010 11:28:33 AM
WASHINGTON - NCUA Chairman Debbie Matz is the sole witness at a credit union-specific Senate Banking Committee hearing taking place this morning. The hearing, which is entitled "The State of the... read more
 

Music, Magic, and Ideas: NJCUL's Marketing Conference a Success! 

Thursday, December 09, 2010 11:23:37 AM
JAMESBURG N.J. - On Tuesday, December 7, 26 credit union professionals attended NJCUL's one-of-a-kind Marketing Conference. At the full day event, attendees were given the chance to network and... read more
 

New House Financial Services Committee Chair Named 

Wednesday, December 08, 2010 11:25:17 AM
WASHINGTON - Congressman Spencer Bachus (R-Ala.) was selected Tuesday to serve as chairman of the House Financial Services Committee in the 112th Congress. Serving as ranking Republican on the... read more
 

Credit Unions Commit $120M in Capital to Mid-Atlantic Corporate 

Wednesday, December 08, 2010 11:25:14 AM
MIDDLETOWN, Pa. - In the wake of NCUA's recent corporate regulations, the agency sent a letter to credit unions stating "over the next year, boards will be expected to make a strategic decision about ... read more
 

Consumer Laws Transferred Under the CFPB 

Tuesday, December 07, 2010 10:47:55 AM
WASHINGTON - Under the recent legislation of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), the Bureau of Consumer Financial Protection (CFPB) is provided very broad... read more
 

Congressional Hearing on CUs Moved to Dec. 9, Chairman Matz to Testify 

Tuesday, December 07, 2010 10:45:00 AM
The Senate Banking Committee hearing on the "State of the Credit Union Industry" has been rescheduled until Dec. 9. NCUA Chairman Debbie Matz will be the sole witness during the hearing. The... read more
 
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