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Candidates Battling In Alabama One Board Race

CU Times - Thu, 03/19/2015 - 4:58pm
Heated board race at troubled cooperative draws CEO letters, alleged teller misinformation and newspaper advertising.
Categories: Credit Union News

Assistant Branch Manager Pleads Guilty

CU Times - Thu, 03/19/2015 - 1:25pm
Former Fairwinds CU employee faces up to 30 years for embezzlement.
Categories: Credit Union News

New Fixed Assets Proposal From NCUA: Onsite Coverage

CU Times - Thu, 03/19/2015 - 9:53am
WASHINGTON - Gone is the 5% fixed assets limit and waiver process.
Categories: Credit Union News

HFSC leaders invite strong relief bills: CUNA testifies

CUNA News Now - Thu, 03/19/2015 - 5:04am
The top legislators on the U.S. House Financial Services Committee said they both would welcome regulatory relief legislation for community financial institutions during a hearing Wednesday.2015-03-19T00:00:00-05:002015-03-19T10:04:37Z
Categories: Credit Union News

Royce unveils measure with MBL cap relief

CUNA News Now - Thu, 03/19/2015 - 5:04am
Rep. Ed Royce (R-Calif.) reintroduced the CUNA-supported Credit Union Residential Loan Parity Act Wednesday (H.R. 1422).2015-03-19T00:00:00-05:002015-03-19T10:04:37Z
Categories: Credit Union News

Senate bill 'strong' step toward improving federal exam process

CUNA News Now - Thu, 03/19/2015 - 5:04am
Sens. Jerry Moran (R-Kan.) and Joe Manchin (D-W. Va.) Wednesday reintroduced a bill (S. 774) intended to enhance safety and soundness by increasing the consistency and fairness of the regulatory examination system.2015-03-19T00:00:00-05:002015-03-19T10:04:37Z
Categories: Credit Union News

Leagues reflect on GAC experiences: Part 2

CUNA News Now - Thu, 03/19/2015 - 5:04am
Advocacy is a critical element of the CUNA Governmental Affairs Conference. Attendees continue to provide details on discussions held with lawmakers during the 2015 GAC.2015-03-19T00:00:00-05:002015-03-19T10:04:37Z
Categories: Credit Union News

Grassley urges Congress to act 'decisively' to combat patent abuse

CUNA News Now - Thu, 03/19/2015 - 5:04am
Sen. Chuck Grassley (R-Iowa) said he agreed with the sentiments of credit unions, among others, when it comes to passing meaningful legislation to deter abusive patent demand letters in a hearing Wednesday.2015-03-19T00:00:00-05:002015-03-19T10:04:37Z
Categories: Credit Union News

FOMC loses its 'patience'

CUNA News Now - Thu, 03/19/2015 - 5:04am
The first round of rate hikes won't arrive in April, the Federal Open Market Committee said in its policy statement Wednesday, but it may still soon be on its way.2015-03-19T00:00:00-05:002015-03-19T10:04:37Z
Categories: Credit Union News

Op-ed makes case for Fla CUs as public depositories

CUNA News Now - Thu, 03/19/2015 - 5:04am
In a recent opinion piece on FloridaPolitics.com , columnist Peter Schorsch tears down arguments made by the Florida Bankers Association recently promoting rejection of a bill that would allow credit unions to accept deposits from public sources.2015-03-19T00:00:00-05:002015-03-19T10:04:37Z
Categories: Credit Union News

Fixed-assets flexibility, stabilization fund report on NCUA's menu today

CUNA News Now - Thu, 03/19/2015 - 5:04am
The National Credit Union Administration holds its March meeting this morning and is expected to consider putting a new fixed-assets proposal out for comment. The board also will receive an update on the Temporary Corporate Credit Union Stabilization Fund.2015-03-19T00:00:00-05:002015-03-19T10:04:37Z
Categories: Credit Union News

NEW: Fed removes 'patient' from policy statement

CUNA News Now - Thu, 03/19/2015 - 1:04am
WASHINGTON (3/18/15, UPDATED 2:25 p.m. ET)--The Federal Open Market Committee (FOMC) has not yet seen enough out of the economy to raise short-term interest rates, but, perhaps signaling a forthcoming rate hike, dropped the word "patient" from the policy statement released at the conclusion of its two-day meeting today.2015-03-18T00:00:00-05:002015-03-19T06:04:16Z
Categories: Credit Union News

NEW: Royce introduces 2015 CU Residential Loan Parity Act

CUNA News Now - Thu, 03/19/2015 - 1:04am
WASHINGTON (3/18/15, UPDATED 12:24 p.m.)--Rep. Ed Royce (R-Calif.) reintroduced the CUNA-supported Credit Union Residential Loan Parity Act today.2015-03-18T00:00:00-05:002015-03-19T06:04:16Z
Categories: Credit Union News

FREAK Flaw Targets Mobile

CU Times - Wed, 03/18/2015 - 11:27pm
Read how the $2.4B Texas Dow Employees CU educated members about the exploit.
Categories: Credit Union News

Senators Reintroduce Exam Fairness Bill

CU Times - Wed, 03/18/2015 - 7:31pm
Bill aims to improve the examination process for financial institutions.
Categories: Credit Union News

NEW: CUNA welcomes Senate exam fairness bills

CUNA News Now - Wed, 03/18/2015 - 2:02pm
WASHINGTON (3/18/15, UPDATED 2:10 p.m. ET)--Sens. Jerry Moran (R-Kan.) and Joe Manchin (D-W. Va.) reintroduced a bill (S. 774 ) intended to enhance safety and soundness by increasing the consistency and fairness of the regulatory examination system today.2015-03-18T00:00:00-05:002015-03-18T19:02:43Z
Categories: Credit Union News

Royce Introduces Apartment Loan Parity Bill

CU Times - Wed, 03/18/2015 - 1:02pm
Legislation would exempt loans for rental properties with four or fewer units from the member business lending cap.
Categories: Credit Union News

Testimonies Attack CFPB Rules

CU Times - Wed, 03/18/2015 - 11:16am
A Financial Services Committee hearing exposes the negative effects CFPB rules have had on credit unions.
Categories: Credit Union News

EMV Could Reduce Noninterest Income: Report

CU Times - Wed, 03/18/2015 - 10:09am
Large retailers say they will configure EMV terminals to only accept PIN validated transactions.
Categories: Credit Union News

Lawsuit Accuses Alabama One of Fraud, Coercion

CU Times - Wed, 03/18/2015 - 6:35am
Credit union member alleges credit union pressured him to recant his complaint to authorities in straw loan scandal.
Categories: Credit Union News

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