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

Washington
Inside Washington (07/10/2008)
* WASHINGTON (7/11/08)--Panelists from a recent Securities and Exchange Commission roundtable signaled their support for the Financial Accounting Standards Board fair-value accounting model (American Banker July 10). The first panel comprised representatives from large financial companies, while the second focused on smaller ones. John B. Wojcik, chief financial officer, Bank of the West, who sat on the second panel, spoke favorably of the model but said the market values don’t reflect the cash flow values on some debt flow instruments. The Credit Union National Association has stated that the model could be costly and confusing for credit unions. The World Council of Credit Unions has said that the standard could be detrimental in credit union mergers ... * WASHINGTON (7/11/08)--Federal Reserve Board Chairman Ben Bernanke presented the Semiannual Monetary Report before the Senate Banking Committee Tuesday and will undergo questioning before the House Financial Services Committee Wednesday on the state of the economy (American Banker July 10) ...


RSS





print
News Now LiveWire
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
18 hours ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
18 hours ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
20 hours ago
You can get your subscription to @cuna 's free, daily, online #creditunion #news service News Now here: http://t.co/YtUejEmAYP
20 hours ago
CCUA hosts @TheNASCUS college for #creditunion directors http://t.co/CftpSXDKWx
23 hours ago