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News Now

December 19, 2014

CUNA hails president's signing of IOLTA

Washington
CUNA hailed President Barack Obama's signing of the Credit Union Share Insurance Fund Parity Act Thursday. ReadMore

CU tax status preservation, reg relief top 2014 CUNA legislative efforts

Washington
CUNA and state credit union leagues spent 2014 advancing a legislative agenda designed to preserve credit unions' tax status and removing regulatory barriers preventing them from serving their members. ReadMore

PALs should be exempt from MLA proposal: NCUA's Matz

Washington
The Department of Defense should exempt National Credit Union Administration Payday Alternative Loans from its Military Lending Act proposal, NCUA Chair Debbie Matz said in a letter filed with the DOD Thursday. ReadMore

NCUA projects no assessment for NCUSIF in 2015

Washington
The National Credit Union Administration is projecting no Temporary Corporate Credit Union Stabilization Fund assessments this year, and "only a possible small premium" for the National Credit Union Share Insurance Fund, according to a letter sent to federally insured credit unions Thursday. ReadMore

N.Y. gov. signs historic FOM expansion bill

CU System
New York Gov. Andrew Cuomo Wednesday signed into law a historic piece of pro-credit union legislation that will allow state-chartered credit unions to combine select employer groups, associations and community groups into a single field of membership. ReadMore

Christmas-New Year's week busiest for car shopping: Edmunds.com

CU System
While the week between Christmas and New Year's is viewed as a bit of a break for many, it will be the busiest car-shopping week of the year, according to Edmunds.com --and a prime time for credit unions to make vehicle loans. ReadMore

Iowa's Jury elected treasurer for World Council exec committee

CU System
The World Council of Credit Unions has selected Pat Jury, president/CEO of the Iowa Credit Union League, to serve as executive committee treasurer for the council's board. ReadMore

CUs put the 'ho, ho, ho' in holiday greetings

CU System
A "Happy Holiday" can make someone's day merry, and credit unions and leagues created some memorable season's greetings this year. ReadMore
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News Now LiveWire
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
16 hours ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
16 hours ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
19 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
20 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
21 hours ago