Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Top 10 iNews Nowi stories for June (07/02/2012)
MADISON, Wis. (7/3/12)--An article about how credit unions have outpaced banks in making small-business loans during the past year was the most-read News Now article in June.

The top 10 articles in June included:

10. ACUC: Achor--Train your brain for happiness, success

SAN DIEGO (6/20/12)--People can rewire their brains for higher levels of happiness--and in the process become more successful in business and relationships, Shawn Achor told America's Credit Union Conference attendees Tuesday morning.

9. CU signs consent decree in ADA-ATM lawsuit

PITTSBURGH (6/13/12)--Century Heritage FCU, based in Pittsburgh, signed a consent decree last week before a federal court in Pennsylvania, which will dismiss a class-action lawsuit alleging its ATMs violated the Americans with Disabilities Act.

8. Court upholds mortgage loan officers' overtime ruling

WASHINGTON (6/26/12)--A U.S. District judge in Washington, D.C., has upheld a Department of Labor administrative interpretation that says mortgage loan officers are not exempt from overtime under the Fair Labor Standards Act.

7. Federal Reserve to buy $267 billion in Treasuries

WASHINGTON (6/20/12)--The Federal Reserve's Open Market Committee today said it would extend "Operation Twist" by purchasing $267 billion in long-term Treasuries to reduce borrowing costs for American consumers and businesses.

6. Court explains denying ATM fee 'class action'

SAN ANTONIO (6/7/12)--A federal judge in San Antonio has denied an individual's class action certification in one of the lawsuits brought against financial institutions alleging they violated the Electronic Funds Transfer Act (EFTA) by failing to post notices of ATM surcharges.

5. Restaurant chain, LinkedIn hit by breaches

DAYTON, Ohio and MOUNTAIN VIEW, Calif. (6/8/12)--A restaurant chain in Ohio warned of a data breach in five of its restaurants in an area already seeing a spike in debit-card fraud, and credit unions using social media networks learned that the LinkedIn social network and  eHarmony site were compromised in other data breaches announced this week.

4. Put it on the map: NCUA's CU data by state

ALEXANDRIA, Va. (6/6/12)--Arizona is leading the way in average return-on-assets for the nation's credit unions, the National Credit Union Administration revealed in a new quarterly state-by-state review of the financial performance of credit unions.

3. NCUA hits exam issues at Fla. Listening Session

ORLANDO, Fla. (6/15/12)--It was another productive meeting, Credit Union National Association Deputy General Counsel Mary Dunn said of the National Credit Union Administration Listening Session she attended here this week, with examination issues and a possible revised definition of "small" credit union, in particular, front and center.

2. Man deposits 20 years' worth of coins at CU

HERNDON, Va. (6/12/12)--George Shoemaker, a member of Northwest FCU, Herndon, Va., is proof that saving pocket change can pay off.

1. Index: CUs outdo banks in small-biz loans

MADISON, Wis. (6/7/12)--Credit unions in the U.S. have outdone banks in the past year when it comes to small-business loans, according to the Biz2Credit Small Business Lending Index, an analysis of 1,000 loan applications on, the company said.


News Now LiveWire
.@NACHAOnline report: ACH volume increases to 23B payments in 2014
1 day ago
.@CUNA's @HampelBill in @washingtonpost on options for wary mortgage borrowers:
1 day ago
Housing starts thaw, mortgage rates stand pat #Market #NewsNow
1 day ago
.@CUNA files #RBC2 comment, urges #CU system to be heard #NewsNow
1 day ago
#NewsNow Youth Month attracts 100,000th member for Mich. CU
1 day ago