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Credit Union News

NCUA Approves Small CU Threshold Proposal: Onsite Coverage

CU Times - Thu, 02/19/2015 - 9:58am
ALEXANDRIA, Va. – Proposal raises definition of a small credit union to assets less than $100 million.
Categories: Credit Union News

Buckeye Community FCU to Buy Bank Branch

CU Times - Thu, 02/19/2015 - 9:14am
The $71.3M cooperative agrees to buy community bank branch in Florida.
Categories: Credit Union News

Metsger Warns Federal Charter Is ‘Devalued’

CU Times - Thu, 02/19/2015 - 8:32am
NCUA vice chairman says interpretations are dated and no longer represent the financial marketplace.
Categories: Credit Union News

NCUA Touts Clean Audits

CU Times - Thu, 02/19/2015 - 8:16am
Four permanent funds receive clean audit opinions from KPMG LLP.
Categories: Credit Union News

CU leaders bring 'robust agenda' to CUNA GAC Hill visits

CUNA News Now - Thu, 02/19/2015 - 4:44am
Nearly 5,000 credit union leaders will bring a robust agenda to members of the U.S. Congress and other policymakers at CUNA's upcoming Governmental Affairs Conference, says CUNA Chief Advocacy Officer Ryan Donovan.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

CUNA pledges $1M to support America's CU Museum's expansion

CUNA News Now - Thu, 02/19/2015 - 4:44am
With a pledge of $1 million, CUNA is now a lead sponsor of the America's Credit Union Museum Legacy Capital Campaign--an effort to preserve and enrich the history of the credit union system.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

Reg reform for CUs, small banks a priority: Neugebauer in PoliticoPro

CUNA News Now - Thu, 02/19/2015 - 4:44am
Citing the unintended consequences after the U.S. Congress "threw this big blanket over the entire financial market," Rep. Randy Neugebauer (R-Texas) says regulatory reform is among his top priorities for the 114th Congress.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

Nussle welcomes first new FCU of 2015: NYC's The Finest FCU

CUNA News Now - Thu, 02/19/2015 - 4:44am
The first new federal credit union charter of 2015 is The Finest FCU of New York City, the National Credit Union Administration announced Wednesday.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

Va league-backed prize-linked savings bill headed to gov

CUNA News Now - Thu, 02/19/2015 - 4:44am
Two credit union bills in Virginia, including one that would allow credit unions to offer prize-linked savings accounts, passed the Virginia House this week and now await the signature of Gov. Terry McAuliffe.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

CO-OP's Miracle Match raises record $31M for CU 4 Kids

CUNA News Now - Thu, 02/19/2015 - 4:44am
A total of 170 credit unions participating in the 2014 Miracle Match by CO-OP program raised a record $3.1 million for Children's Miracle Network Hospitals--with $1 million in matching funds provided by CO-OP Financial Services.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

NCUA's 4 permanent funds earn clean audits

CUNA News Now - Thu, 02/19/2015 - 4:44am
The four permanent funds of the National Credit Union Administration have received clean audit opinions, according to reports released Wednesday by the agency's Office of the Inspector General.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

Ed loans weigh heavily on household debt: NY Fed

CUNA News Now - Thu, 02/19/2015 - 4:44am
Delinquency rates nationwide improved overall in the fourth quarter of 2014, with the exception of student loans, which recorded an 11.3% increase, according to the Federal Reserve Bank of New York.2015-02-19T00:00:00-06:002015-02-19T10:44:05Z
Categories: Credit Union News

Credit Unions Announce New Hires and Promotions: People

CU Times - Wed, 02/18/2015 - 9:25pm
Read about this week's new hires, promotions and other career milestones in the credit union industry.
Categories: Credit Union News

NCUA Approves 2015’s First Federal Credit Union

CU Times - Wed, 02/18/2015 - 1:31pm
Finest FCU to serve federal, state, county and municipal agencies or departments engaged in police protection in New York.
Categories: Credit Union News

Former Arrowhead CEO Larry Sharp Dies: In Memoriam

CU Times - Wed, 02/18/2015 - 1:11pm
Venerable credit union leader dies Monday at the age of 72 after battling colon cancer.
Categories: Credit Union News

Arrowhead CEO Larry Sharp Dies: In Memoriam

CU Times - Wed, 02/18/2015 - 1:11pm
Venerable credit union leader died Monday at the age of 72 after battling colon cancer.
Categories: Credit Union News

Mitek Rolls Out Business Mobile Deposit

CU Times - Wed, 02/18/2015 - 12:38pm
Firm says it’s building on the popularity of mobile deposit capture in the consumer market.
Categories: Credit Union News

BofA Creates Down Payment Aid List

CU Times - Wed, 02/18/2015 - 12:15pm
The banking giant compiles a list of down payment and closing cost programs.
Categories: Credit Union News

CUNA provides memorandum on UBIT refunds

CUNA News Now - Wed, 02/18/2015 - 4:38am
CUNA has asked outside counsel, Foley & Lardner LLP, to prepare a memo with general information on how credit unions can claim tax refunds on income exempt from Unrelated Business Income Tax--UBIT--and what a credit union might expect if it files for a refund.2015-02-18T00:00:00-06:002015-02-18T10:38:02Z
Categories: Credit Union News

CU Effect: Freedom First FCU puts members in driver's seat

CUNA News Now - Wed, 02/18/2015 - 4:38am
In 2014, a study conducted by Urban Institute, the University of Maryland and UCLA revealed the difference that access to a car can make for a low-income family. Recognizing this need within its membership back in 2010, $331 million-asset Freedom First FCU, Roanoke, Va., developed its Responsible Rides program to make car loans affordable to working families who may face credit challenges and have limited borrowing options.2015-02-18T00:00:00-06:002015-02-18T10:38:02Z
Categories: Credit Union News

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