MADISON, Wis. (2/4/13)--Articles on the National Credit Union Administration's (NCUA) goals for 2013 and banks targeting credit union taxation were the two most-read News Now
stories in January.
Here is the Top 10 stories for the month:10. Senate student loan bill would allow private debt writeoffs
WASHINGTON (1/28/13)--Legislation that would treat privately issued student loans in bankruptcy the same as other types of private debt was introduced by a group of senators last week.9. CUNA watches for credit card surcharge change impact
WASHINGTON (1/29/13)--New rules that allow retailers to assess "check out" fees or surcharges on credit card purchases took effect in many states on Jan. 27, and the Credit Union National Association is watching to assess how these rules could impact credit unions.8. CUs poised to nab bigger share of improved housing market
MADISON, Wis. (1/24/13)--Credit unions are poised to capture an increased share of an improved housing market in 2013--and establish themselves as the primary financial institution of choice for American consumers.7. Pinterest a flop in banking, but not at CUs
MADISON, Wis. (1/31/13)--Although Pinterest blew into the financial industry with much hype in early 2012, it has mostly been a flop for banks. Credit unions, however, have seen success with it, according to financialbrand.com
.6. Regulators look at what responsibilities social media use brings for FIs
WASHINGTON (1/23/13)--The National Credit Union Administration and bank regulators have asked for comment as they prepare guidelines for social media use by financial institutions.5. Operating fee invoices will come out in March
ALEXANDRIA, Va. (1/29/13)--Federal credit union operating fees is the topic of the National Credit Union Administration's most recent Letter to Federal Credit Unions (13-FCU-01); the letter reminds of the agency's action in November that increased the fee for credit unions with more than $1 million by 0.24% and eliminated the fees for those with assets less than or equal to $1 million.4. CUNA exam survey sees strong CU response
WASHINGTON (1/28/13)--Well over 1,000 credit unions sent in their federal and state examination stories to the Credit Union National Association in response to CUNA's recent survey request.3. CFPB delays remittance rule effective date
WASHINGTON (1/22/13)--The Consumer Financial Protection Bureau is delaying the effective date of its remittance rule that was set to go into effect Feb. 7.2. ABA targets tax exemption for 2013, CUNA primed to protect
WASHINGTON (1/25/13)--As if there were any doubts about what the banks are up to this year, an American Bankers Association lobbyist was quoted today by Bloomberg BNA
that a "chief" goal for banks in 2013 is to push for legislation to change or eliminate the credit union federal tax status.1. NCUA letter to CUs cites 2013 exam goals
ALEXANDRIA, Va. (1/31/13)--Increased clarity in its guidance to it examiners and more consistency in its examination practices is a key supervisory focus of the National Credit Union Administration this year, said NCUA Chairman Debbie Matz in a Letter to Federally Insured Credit Unions released today.