News

Consumer Laws Transferred Under the CFPB 

Posted by Marissa Anema 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 

Posted by Marissa Anema 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
 

CUNA's Bill Hampel Speaks to NY Times on Savings Account Rates  

Posted by Marissa Anema Monday, December 06, 2010 12:21:14 PM
NEW YORK - In a column titled "Why Savings Account Rates Are So Pathetic", CUNA's chief economist Bill Hampel explains to the New York Times (Dec. 3) why profits are low at banks and why credit union ... read more
 

Corporate CU Comment Deadline Extended 

Posted by Marissa Anema Wednesday, December 01, 2010 11:35:31 AM
ALEXANDRIA, Va. - The due date for comments on NCUA's recently proposed amendments to its corporate credit union rules has been extended to January 28, 2011. CUNA President/CEO Bill Cheney said that ... read more
 

Pompton Lakes Reality Fair Featured in NorthJersey.com Article 

Posted by Marissa Anema Wednesday, December 01, 2010 11:24:59 AM
An article featured on NorthJersey.com (Nov. 24) featured the Reality Fair New Jersey credit unions brought to Pompton Lakes High School on Friday, November 12th. The article titled "PLHS Freshmen... read more
 

Gentile Defends CU Tax Exemption and Other Issues in NJ Business December Issue  

Posted by Marissa Anema Wednesday, December 01, 2010 8:57:28 AM
HIGHTSTOWN, N.J. - In response to an article previously published in New Jersey Business Magazine titled "DOBI Commissioner Considine Calls for More Lending", NJCUL President/CEO Paul Gentile wrote a ... read more
 

CUNA White Paper Compares NCUA and FDIC Assessments 

Posted by Marissa Anema Tuesday, November 30, 2010 10:48:38 AM
MADISON, Wis. - In the wake of recent NCUA assessments, CUNA's Economic and Statistics Department has released a White Paper that compares NCUA and FDIC assessments over the past three years, as well ... read more
 

Cheney Seeks NCUA Corporate Credit Union Comment Extension 

Posted by Marissa Anema Monday, November 29, 2010 12:52:11 PM
WASHINGTON - CUNA President/CEO Bill Cheney has urged NCUA to extend the comment period for its recently released revisions to corporate credit union rules by a further 60 days. NCUA's corporate... read more
 

NJCUL 2010 InfoSight Survey Available! 

Posted by Candice Nigro Wednesday, November 24, 2010 10:25:07 AM
The 2010 League InfoSight Survey is now available. The survey will be available through close of business Wednesday, December 15, 2010. InfoSight is the League's online compliance resource that... read more
 

NCUA Announces Projected Corporate Fund Assessment, Raises Concern 

Posted by Marissa Anema Friday, November 19, 2010 12:18:51 PM
ALEXANDRIA, Va. - At Thursday's open board meeting, NCUA projected total dual assessments of 20-35 bp for 2011. Staff estimated that growing losses at both corporate and natural person credit unions... read more
 
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