Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
N.C. regulator still independent takes budget hit
GREENSBORO, N.C. (8/10/09)--The North Carolina state budget has been announced and indicates that the state Credit Union Division will remain independent, according to the North Carolina Credit Union League. The Credit Union Division was removed from the state’s general fund. However, the division’s reserves of $760,411 will be transferred to the General Fund. “We consider the removal of the Credit Union Division’s budget from the General Fund a win for state-chartered credit unions,” said Lauren Whaley, league director of state legislative affairs. “The division has escaped the budget cuts and political influence it would have been subjected to under control of the legislature. Allowing the division to maintain its autonomy is vitally important with the current conditions of the financial industry and economy.” Whaley also noted that no furloughs or layoffs of examiners in the division are planned.


RSS





print
News Now LiveWire
Home prices rising faster than wages: @RealtyTrac #NewsNow #Market http://t.co/wa74mnw3Cu
1 hour ago
.@Nussle dropped by the @ACUMuseum recently. Read about his visit http://t.co/bYe8RRgYLP
1 hour ago
.@PCISSC issues new pen test guidelines for businesses to identify network vulnerabilities @CUinfosecurity http://t.co/ENeGTPSMjf
3 hours ago
#Georgia credit union parity bill awaits signature from @NathanDeal http://t.co/zbS4IZsOp6
3 hours ago
IRS @IRSnews to offer April 8 webinar on UBIT #NewsNow http://t.co/hZIHF5RbH4
3 hours ago