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Top 10 INews Now Istories for February
MADISON, Wis. (3/19/09)--Here are the Top 10 News Now stories most requested by readers during February. Use the link to review the entire story online. 10. House panel OKs bill with permanent insurance increase WASHINGTON (2/5/09)--The House Financial Services Committee Wednesday approved H.R. 786, a bill designed to make permanent the $250,000 deposit and share insurance increase enacted as part of the Emergency Economic Stabilization Act of 2008. 9. CUNA audio conference: NCUA must explore options WASHINGTON (2/5/09)--Credit Union National Association (CUNA) President/CEO Dan Mica told participants on an audio conference call Wednesday that while CUNA recognizes federal regulators had no choice but to take action on behalf of the corporate credit unions, CUNA opposes the means chosen to fund the corporate credit union stabilization. 8. Corporate CU Task Force backs CUNA alternatives WASHINGTON (2/13/09)--The Credit Union National Association (CUNA) Corporate Credit Union Task Force Thursday reaffirmed strong support for using the Central Liquidity Facility (CLF) and TARP funds as a back up to help fund corporate credit union liquidity. 7. NCUA approves stabilization efforts for corporates ALEXANDRIA, Va.(2/29/09)--The National Credit Union Administration (NCUA) Wednesday took steps to "enhance and support" the corporate credit union system. 6. New data breach hits another card processor NEW YORK (2/24/09)--Another payment processor has been hit with a data breach that is affecting credit unions and banks. It is the third major breach of a card processor since December and comes on the heels of what may be the largest data breach in history, the Heartland Payment Systems breach. 5. Cramdown provisions in Obama's foreclosure plan WASHINGTON (2/19/09)--The Credit Union National Association (CUNA) is reviewing President Barack Obama's Homeowner Affordability and Stability plan, which was released Wednesday and includes a provision for mortgage cramdowns. 4. Alternatives to premium assessment urged by CUNA WASHINGTON (2/2/09)--Federal regulators must consider alternatives to their plan to assess a share insurance premium to help fund a stabilization plan for corporate credit unions, the Credit Union National Association (CUNA) urged. 3. New info required in March 2009 call report WASHINGTON (2/4/09)--Credit unions will be required to supply more information on delinquencies, foreclosures, and repossessions on the quarterly form 5300 "call report"-- which is no surprise given the current market pressures. 2. CUNA site compiles NCUA stabilization program info WASHINGTON (2/6/09)--The Credit Union National Association (CUNA) has compiled information that may be useful to credit unions regarding the National Credit Union Administration's (NCUA) Corporate Stabilization Program. 1. New: CUNA concerned about costs of NCUA corporate plan WASHINGTON (1/30/09, UPDATED 10:30 a.m. ET)—The Credit Union National Association (CUNA) said that is does not welcome federal regulators' action to support corporate credit union liquidity by extracting a high price from credit unions, but does understand the need for the agency to act. To receive News Now headlines on your desktop free each morning, simply enter your e-mail address in this page's upper-left box. Click on the resource link below to learn more.


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