News

ABCO FCU Receives Sprint Marketing Incentive Check  

Posted by Marissa Anema Wednesday, December 15, 2010 12:41:40 PM
RANCOCAS, N.J. - NJCUL President/CEO Paul Gentile on Tuesday presented ABCO Federal Credit Union with a check for $11,758.85, the credit union's marketing incentive for its participation in the... read more
 

Assembly Speaker Replaces Scalera as Municipal Deposits Sponsor  

Posted by Marissa Anema Wednesday, December 15, 2010 9:08:46 AM
TRENTON, N.J. - Assemblyman Fred Scalera (D-36), who introduced legislation to reform New Jersey's forty-year old municipal deposits law to enable local government entities to include credit unions... read more
 

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

Posted by Marissa Anema 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 

Posted by Marissa Anema 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 

Posted by Marissa Anema 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  

Posted by Marissa Anema 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 

Posted by Marissa Anema 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! 

Posted by Marissa Anema 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 

Posted by Marissa Anema 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 

Posted by Marissa Anema 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
 
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