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LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
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CU System
CU System briefs (06/05/2009)
* MERIDEN, Conn. (6/8/09)--Representatives from 65 affiliated credit unions Wednesday attended the Credit Union League of Connecticut's RESPA Conference on updates to the Real Estate Settlement Procedures Act regulations. Shown addressing questions on specific regulations is key speaker Andrew B. Fay, supervisory coordinator, Department of Housing and Urban Development (HUD), Office of RESPA and Interstate Land Sales. Assisting Fay were Jay Friedland, president of M&M Consulting, a compliance consulting firm and a Connecticut league strategic partner, and George Meagher, compliance officer with Sikorsky Financial CU, Stratford, Conn. Friedland will provide more RESPA workshops on Aug. 27--one targeted to Connecticut Small Credit Union Support Program members, the other for medium and large credit unions. (Photo provided by the Credit Union League of Connecticut) … * MADISON, Wis. (6/8/09)--The University of Wisconsin-Madison has signed a 10-year contract giving Madison-based UW CU the exclusive right to provide students with a school identification card that is also a debit card (Associated Press Newswires June 4). In exchange, the university will receive $6.4 million in revenue from the more than $1 billion asset credit union. A committee of the university's Board of Regions approved the deal Thursday, with the full board expected to approve it Friday. The school will get the same amount of revenue no matter how many students sign up for the credit union's checking accounts …


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