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CU System Briefs (07/15/2013)
  • PITTSFIELD, Mass. (7/15/13)--A woman was sentenced to three years in prison for stealing $200,000 from a branch of Greylock FCU based in Pittsfield, Mass. After pleading guilty to charges of making false entries into corporate books and larceny of more than $250, Janine Shepard was sentenced Wednesday in Berkshire (Mass.) Superior Court. Shepard allegedly stole the money between Jan. 1, 2010, and Feb. 18, 2102, while she was a head teller at the $1.13 billion asset credit union, prosecutors said (The Sun Chronicle July 11) ...


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Access to Affordable Mortgages Act passed by Hse Fin Serv. 31-23.CUNA says bill gives CUs reg relief & incr. access to mortg credit.
22 minutes ago
Bill sponsor said will support amndmt to incl. NCUA in the study & delay the agency's risk-based capital plan b4 full House vote. 2of2
30 minutes ago
Bill directing banking agencies to study appropriate capital requirmnts for mrtg servicing assets for nonsystemic banks clears committee1of2
33 minutes ago
The .@FinancialCmte passed #HR4042 and #HR5148 this morning. Both are reg. relief bills and have the strong support of @CUNA
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FHFA today announced it's extending comment deadline for guarantee fees Fannie, Freddie charge lenders to Sept. 8.
17 hours ago