News
CUNA Announces More Lay-Offs
Credit Union Journal | Thursday, July 2, 2009 WASHINGTON – CUNA, struggling with large losses on its investments, announced another round of lay-offs yesterday, eliminating 18 positions... [read more]This news item was posted 07/02/2009
Southwest Corporate FCU Reports Capital Depletion
Credit Union Journal | Thursday, July 2, 2009 DALLAS – Southwest Corporate FCU yesterday reported a $317 million in reduction of capital for May, leaving it with just $13.7 million in... [read more]This news item was posted 07/02/2009
NCUA Proposes Its Own Consumer Protection Office
Credit Union Journal | Wednesday, July 1, 2009 ALEXANDRIA, Va. – In an effort to preempt plans to bring credit unions under a new Consumer Financial Protection Agency, NCUA Chairman... [read more]This news item was posted 07/01/2009
Mica touts CU credit cards on Fox
NEW YORK (6/30/09)--Credit Union National Association President/CEO Dan Mica emphasized the benefits of credit union credit cards during Fox Business Network’s “Money for Breakfast” program,... [read more]This news item was posted 06/30/2009
NCUA: What Corporate Reform Could Look Like
ALEXANDRIA, Va. – The National Credit Union Administration (NCUA) will begin developing new rules for corporate credit unions this summer with a projected completion date of spring of 2010,... [read more]This news item was posted 06/25/2009
Mica explains CU difference on Bloomberg
On the 100th anniversary of credit unions, Dan Mica talks about what the difference is between credit unions and banks on Bloomberg financial channel. See the clip on YouTube here.This news item was posted 06/25/2009
NCUA Predicts $1 Billion September Charge
Credit Union Journal | Thursday, June 25, 2009 ALEXANDRIA, Va. – NCUA told credit unions yesterday they can expect to pay an additional charge of about $1 billion into the National CU... [read more]This news item was posted 06/25/2009
NY Times op-ed touts CU credit cards over banks'
In this column, published today by the New York Times, two Harvard doctoral candidates discuss the new credit card legislation and their study comparing credit union and bank credit cards.... [read more]This news item was posted 06/23/2009
Frank advocates expanded powers for CUs
BOSTON, Mass.(6/23/09)--Credit unions should be given expanded powers, House Financial Services Committee Chairman Barney Frank told Massachusetts Credit Union League members on Monday. Speaking... [read more]This news item was posted 06/23/2009
NCUA Approves Seven-Year Payback For Corporate Bailout
Credit Union Journal | Thursday, June 18, 2009 ALEXANDRIA, Va.—The NCUA Board ths morning reversed its corporate bailout charges and passed a new bailout plan that will give credit unions... [read more]This news item was posted 06/18/2009
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