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FFIEC Statement On Interbank Messaging And Wholesale Payment Networks

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FFIEC statement on financial institutions actively managing risks associated with interbank messaging and wholesale payment networks. 

The period between August 2008 and August 2009 has been described by some credit union individuals as one of the most difficult times for the industry.

WASHINGTON—How will the incentive-based comp proposal impact the only credit union to fall into one of the rule’s more stringent oversight categories? And what about new compensation rules for management at smaller CUs?

INDIANAPOLIS–Eight credit union members from four different Indiana credit unions each won either $25 or $50 in May for their participation in the new Save to Win prize-linked savings program that is now available in this state.

ALEXANDRIA, Va.—With a new registration system now required for grant applicants, low-income credit unions seeking Community Development Revolving Loan Fund assistance grants should give themselves adequate time to file, NCUA reminded.