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October 24, 2014

No NCUSIF 2014 premium, fund sees $26.4M 3Q net income

National Credit Union Administration staff confirmed earlier indications that there will be no National Credit Union Share Insurance Fund premium for 2014 at the agency's monthly board meeting Thursday. ReadMore

Nussle in American Banker: CUs, small banks can unite to ease burdens

Credit unions and small banks could work together to accomplish a reduction in regulatory burden, says CUNA President/CEO Jim Nussle. ReadMore

Mike Mercer recognized with NCUF's Wegner award

CU System
For his ground-breaking leadership, innovative contributions, personal commitment and unfaltering dedication to the advancement of credit unions, Mike Mercer, president/CEO of the Georgia Credit Union Affiliates, has been named by the National Credit Union Foundation as the recipient of a 2015 Herb Wegner Memorial Award for Lifetime Achievement. ReadMore

Press highlights CUNA's strong backing of CU-friendly candidates

CUNA's strong commitment to credit-union friendly congressional candidates was highlighted Thursday in Politico and The Hill , two widely read Washington-based political publications that cover the White House, U.S. Congress, politics and policy. ReadMore

3 leagues merge to form Cooperative CU Assn. effective Jan. 1

CU System
Massachusetts credit unions voted unanimously to join with the credit unions of New Hampshire and Rhode Island in a merged credit union trade association. The result of that vote, together with similar votes taken earlier this month in New Hampshire and Rhode Island, means that the credit union leagues in the three states will merge to form the Cooperative Credit Union Association, effective Jan. 1. ReadMore

Prize-linked savings bill introduced in New Jersey

CU System
New Jersey Credit Union League-supported legislation to enable state-chartered credit unions and banks to offer prize-linked savings accounts has been introduced in the state Senate. ReadMore

Flood insurance, corporate CU rule changes proposed by NCUA

A proposal to amend rules regarding loans in areas having special flood hazards was issued by the National Credit Union Administration at the agency's monthly meeting, part of a joint proposal with other federal regulators. ReadMore
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Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
3 hours ago
Today's the last day to complete @CUNA's Home Depot data breach survey #StoptheDataBreaches
4 hours ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
6 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
6 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
6 hours ago