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September 2, 2014

NEW: Loan balances up 9.8% according to NCUA 2Q data

ALEXANDRIA, Va. (9/2/14 11:20 a.m. ET)--Second quarter data from the National Credit Union Administration indicates the highest year-over-year loan growth since 2006, the agency announced today. ReadMore

Engaged members fuel CU loan growth: MCUE survey

CU System
Credit union lending numbers continue to come in strong, with July's monthly and year-over-year increases notching levels not seen in years, according to the monthly survey of credit unions from CUNA. ReadMore

Even 1 step makes a difference in preparing for disasters

CU System
This year's theme for National Preparedness Month is "Take Action to Prepare," and taking just one step can make a difference in getting your credit union ready. ReadMore Making fin. ed. resources available: Part I

While most of the National Credit Union Administration's day-to-day functions involve its mandate of regulating, chartering and supervising federal credit unions, as well as operating the National Credit Union Share Insurance fund, the agency also exists as a resource to credit unions and their members. ReadMore

S.F. paper notes Bay Area CUs' growth, 100M milestone

CU System
The San Francisco Business Times last week heralded the strength of California's Bay Area credit unions in an article that highlighted the national 100 million membership milestone. ReadMore

CUNA seeks comments on FinCEN customer due diligence proposal

CUNA has issued a comment call for a proposed rule that would clarify and strengthen member/customer due diligence obligations of financial institutions. ReadMore

Carpenter to be nominated Treasury asst secretary for financial markets

President Barack Obama announced he will nominate Seth Carpenter to be the U.S. Treasury's assistant secretary for financial markets. ReadMore

NCUA prohibits 3 from participating in CU activity

Three individuals have been prohibited from participating in the affairs of any federally insured credit union, the National Credit Union Administration announced. ReadMore
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Consumer spending, income slip in July #Market #NewsNow
35 minutes ago
Breaking on #NewsNow: Loan balances up 9.8% in 2nd Q, per @TheNCUA
1 hours ago
#NewsNow S.F. paper notes Bay Area CUs' growth, 100M milestone
1 hours ago
Take 1 step to prepare See #NewsNow HT @AgilityRecovery graphic #NPM @Readygov
1 hours ago
#NewsNow: Seth Carpenter nominated to be @USTreasury assistant sec. for financial markets.
2 hours ago