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Australian CUs have experienced strong growth in retail deposits at the expense of their regional banking rivals. http://ow.ly/goIE
Yakima Valley CUs have benefited from larger banks troubles as membership, deposit growth, and overall presence expand. http://ow.ly/goHD
Florida Central CU names CUNA board member Laida Garcia as president, CEO. Garcia succeeds the late Ed Gallagly. See http://ow.ly/gnw7
WesCorp detailed cost-saving initiatives-- including roughly 90 layoffs--that aim to roll back expenses to 2003 levels. See July 6 NN.
Wash. State CUs have seen a 313% mortgage loan increase over the last 10 years, with lower car loan, savings deposit increases. See Mon. NN.
NCUA to hold unscheduled closed meeting Tuesday
ALEXANDRIA, Va. (12/1/08)--The National Credit Union Administration (NCUA) Board will convene at 10 a.m. ET Tuesday for a closed board meeting to consider "supervisory activities."
The agency announced the meeting in a press statement Wednesday. No other information was available. The agency last held such a special session on Oct. 31.
CUNA News Now will provide any available details.
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