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July 22, 2014

CUs rally for CU board member in today's Ga. runoff race

Washington
Mike Collins, Republican congressional candidate, trucking company owner and credit union board member, will attempt to take the next step toward November with a runoff election today. ReadMore

NCUA chair affirms likely areas of change for RBC rule

Washington
With three Listening Sessions on the books, the National Credit Union Administration affirmed Monday that its next steps will include incorporating comments from the more 400 participants who attended. The agency's risk-based capital proposal was the primary topic of discussion at the sessions, held in Los Angeles, Chicago and Alexandria, Va., but examinations, and the role of small credit unions were also addressed. ReadMore

Retailers' suit against Visa, MasterCard allowed to proceed

Washington
U.S. District Judge John Gleeson declined to dismiss lawsuits filed by retailers against Visa and MasterCard last week. ReadMore

House Fin. Serv. Committee to examine 4 years of Dodd-Frank

Washington
The House Financial Services Committee will conduct a hearing Wednesday to examine specific provisions and the cumulative impact of the Dodd-Frank Act. ReadMore

CFPB to accept prepaid card, nonbank product complaints

Washington
The Consumer Financial Protection Bureau will now accept consumer complaints involving reloadable cards and nonbank services it announced Monday. ReadMore
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News Now LiveWire
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine: http://t.co/tW1p9rTSSv
1 hours ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
1 hours ago
Children in foster care face higher risk of identity theft via @NBCNews http://t.co/Dif0hCfBdA
1 hours ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank http://t.co/h2O8O4TxuD
2 hours ago
Worldwide #creditunion growth: Nearly 57K CUs now serve 208M members #NewsNow http://t.co/vrSv3Gvp7X
3 hours ago