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April 18, 2014

CUNA, NAFCU jointly repeat urging for RBC comment extension

Joining forces, CUNA and the National Association of Federal Credit Unions Thursday urged a 90-day extension for the comment period for the National Credit Union Administration's risk-based capital plan, set to elapse on May 28. ReadMore

Stress testing for large CUs, common bond proposal on next NCUA agenda

A final stress testing rule for large credit unions will lead the agenda when the National Credit Union Administration holds its April open meeting next Thursday. ReadMore

Ky. latest state to enact data breach protection

CU System
As CUNA continues to work on data security issues at the federal level, states are making progress with laws to protect and inform consumers about data security. ReadMore

New video provides NCUA answers to CUs' RBC questions


A two-part, 20-minute video has been released by the National Credit Union Administration, one that is intended to help federally insured credit unions with questions about the agency's proposed risk-based capital rule.


Mercer: Ohio CUs need to be tougher to sell a powerful idea

CU System
While Ohio credit unions are doing an "amazing" job in serving their memberships, they must market better to sell their "beautiful, powerful idea," Ohio Credit Union League President Paul Mercer told the annual Invest 48 audience last week. ReadMore

Carolina CUs, armed with membership numbers, call on lawmakers

"Preparation is key to effective visits with legislators," Carolinas Credit Union League Director of Government Relations Billy Boylston said this week, highlighting how CUNA's Project Zip Code helped advocates from $602 million-asset Palmetto Citizens FCU, Columbia, S.C., prepare for their visits to the nearby South Carolina State House. ReadMore

NCUA a-Twitter with fin. lit. chat


Interested in sharing best practices for helping members increase their financial literacy? The National Credit Union Administration has set an April 23 Twitter chat on the issue.


Low-income CU financially empowers N.Y. neighborhood

CU System
The credit cycle, especially for the impoverished, can pull people and their finances down into what seems like an inescapable abyss. ReadMore

Technical difficulty disrupts News Now distribution

Due to technical problems with our website operations Thursday--now resolved--emails of the daily <em>News Now</em> headlines were not distributed as per usual at 5 a.m. (ET). ReadMore
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News Now LiveWire
Large CU stress testing on the agenda for the April @theNCUA open meeting
1 Day ago
#FinancialLiteracyMonth Test your college financial aid knowledge @nasfaa
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Join @theNCUA #NCUAchat with @KenWortheyJr on April 23 from 11am to 12pm EST #FinancialLiteracyMonth
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Maine's patent troll bill has become law. Read more in Monday in @NewsNowLiveWire
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Wash. DFI discusses serving legal marijuana businesses with @NWCUA
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