User login

CUNA News Now

Subscribe to CUNA News Now feed
Credit Union National Association News Now Headlines
Updated: 51 min 2 sec ago

NCUSIF ended 2014 with equity ratio of 129%

Fri, 02/20/2015 - 7:50am
The National Credit Union Share Insurance Fund had an equity ratio of 1.29% at the end of 2014, according to National Credit Union Administration Chief Financial Officer Rendell Jones.2015-02-20T00:00:00-06:002015-02-20T13:50:21Z
Categories: Credit Union News

Community charter approved for LICU with well-documented service to underserved

Fri, 02/20/2015 - 7:50am
A documented legacy of serving the underserved and plans to extend that reach led the National Credit Union Administration to approve alteration of the community charter for Taunton FCU.2015-02-20T00:00:00-06:002015-02-20T13:50:21Z
Categories: Credit Union News

CU's 2nd bank acquisition helps CU serve more in 3 Ga counties

Fri, 02/20/2015 - 7:50am
Five Star CU has signed an agreement to purchase substantially all of the assets and assume deposits and other liabilities of Farmers State Bank, Lumpkin, Ga., the credit union's second planned acquisition of a bank in two years. The acquisition, which is subject to regulatory approvals and bank shareholder approval, will bring credit union services to three Georgia counties previously only served by Farmers State Bank.2015-02-20T00:00:00-06:002015-02-20T13:50:21Z
Categories: Credit Union News

MoneyTalksNews offers 9 reasons to join a CU

Fri, 02/20/2015 - 7:50am
The online personal finance site MoneyTalksNews offered consumers "9 Reasons to Love Credit Unions (And Not Big Banks)" in a recent article.2015-02-20T00:00:00-06:002015-02-20T13:50:21Z
Categories: Credit Union News

Car loans continue upward trend: Experian

Fri, 02/20/2015 - 7:50am
Total outstanding balances on car loans continued their upward climb in the fourth quarter of 2014, reaching an all-time high of $886 billion, according to Experian Automotive.2015-02-20T00:00:00-06:002015-02-20T13:50:21Z
Categories: Credit Union News

World Council provides relief amid severe flooding in Malawi

Fri, 02/20/2015 - 7:50am
The World Council of Credit Unions contributed $25,000 from its disaster relief fund to help rebuild Nsanje Community SACCO--one of the Malawi Union Savings and Credit Cooperatives.2015-02-20T00:00:00-06:002015-02-20T13:50:21Z
Categories: Credit Union News

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

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

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

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

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

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

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

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

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

CUNA provides memorandum on UBIT refunds

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

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

CUs dominate GOBankingRates list of top military FIs

Wed, 02/18/2015 - 4:38am
Credit unions dominated the GOBankingRates 10 Best Military Banks and Credit Unions list, with eight cooperative financial institutions making the cut.2015-02-18T00:00:00-06:002015-02-18T10:38:02Z
Categories: Credit Union News

Texas GAC attracts 'busloads' of CU reps to Austin

Wed, 02/18/2015 - 4:38am
Less than a month before CUNA's Governmental Affairs Conference in Washington, D.C., this week credit union leaders from throughout Texas assembled in Austin for the state league's GAC.2015-02-18T00:00:00-06:002015-02-18T10:38:02Z
Categories: Credit Union News

Buckeye Community FCU to acquire Fla bank branch

Wed, 02/18/2015 - 4:38am
Buckeye Community FCU has reached an agreement with Citizens State Bank to acquire the bank's branch in Madison, Fla., pending state and federal regulatory approval. The acquisition would give the credit union a second branch and provide Madison County with a local community‐based credit union option for its residents.2015-02-18T00:00:00-06:002015-02-18T10:38:02Z
Categories: Credit Union News

CUs can use big data to reach underserved: Coopera

Wed, 02/18/2015 - 4:38am
A new white paper from Coopera describes how credit unions are leveraging big data to better serve Hispanic members.2015-02-18T00:00:00-06:002015-02-18T10:38:02Z
Categories: Credit Union News

Pages