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November 25, 2014

Who's buying? CUNA-CFA survey results suggest 3%-3.5% bump in holiday spending

More consumers say they plan to spend less money in 2014 compared with 2013, according to a survey conducted by CUNA and the Consumer Federation of America. ReadMore

RBC revisions expected Jan. 15: 90-day comment period likely to follow

Jan. 15 is the likely date that the National Credit Union Administration will take up a new risk-based capital proposal for discussion. NCUA Chair Debbie Matz late Friday announced that she will ask the agency board to consider a revised RBC plan at that time--and said a 90-day public comment period would likely follow. ReadMore

Huffington announced for CUNA GAC: Senate will be in session

Entrepreneur Arianna Huffington will speak at CUNA's 2015 Governmental Affairs Conference, scheduled for March 8-12 in Washington, D.C. ReadMore

Things get hairy at CUs during Movember

CU System
Tuck away the electric razors and trimmers, as credit unions and their male staff members grow out their facial hair for "Movember," a month-long event dedicated to raising awareness for men's health. ReadMore

Conforming loan limits to remain at $417K in 2015, says FHFA

Maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac will remain unchanged in most of the country, the agency announced Monday. ReadMore

CUs honored with national Maxwell awards for social responsibility

CU System
CUNA's National Awards Committee recently selected the recipients of the 2014 Dora Maxwell Social Responsibility Community Service Award. The awards, which are given in several credit union asset sizes, were selected among the winning entries at a league level. ReadMore

Dykstra receives AACUL Eagle Award, Lyons re-elected chairman

CU System
Diana Dykstra, president/CEO of the California and Nevada Credit Union Leagues, received the American Association of Credit Union Leagues' highest honor--the Eagle Award--at the organization's annual meeting last week. ReadMore

Colo. authorities OK first-ever marijuana-focused CU

CU System
The Colorado Division of Financial Services approved an unconditional state charter for The Fourth Corner CU last week, setting the stage for the establishment of the first-ever credit union that will serve the marijuana industry. ReadMore

CUNA CFO Council accepting applications for inaugural CFO Award

CU System
CUNA Councils announced Monday that applications for the inaugural CFO Awards, hosted by the CUNA CFO Council, are now available. The new CFO Awards will honor credit unions and individuals demonstrating financial management excellence. ReadMore

News Now LiveWire
#NewsNow: @CUNA-CFA survey results suggest 3-3.5% increase in holiday spending.
58 minutes ago
.@WOCCU promoted financial inclusion as a sustainable development goal at two separate @UN events this month.
2 hours ago
Colo. authorities OK first-ever #marijuana-focused CU #NewsNow
2 hours ago
.@Vancity busts some Black Friday retail myths
2 hours ago
Things get hairy at #creditunions during #Movember
4 hours ago