House, Senate Taking Long Recess; 1st Chance for Comment from New NCUA Board 04/15/2019 07:53 pm WASHINGTON–Both the House and the Senate are in recess for two weeks and both trade groups are urging credit unions to meet with senators and congressmen in their home states and districts.
WOCCU-Led Effort Persuades Basel Committee to Endorse ‘Proportionality’ 04/06/2019 12:02 pm BASEL, Switzerland—The World Council said it led an effort to persuade the Basel Committee on Banking Supervision to endorse proportionality, which allows national and regional financial regulators to prescribe compliance standards for credit unions that are less burdensome than those required by Basel III and other international financial regulatory standards.
CU Trade Groups Respond To White House Memo On Independent Agency Rulemaking 04/15/2019 07:54 pm WASHINGTON–The credit union trade groups believe a new Trump Administration memo requiring independent federal agencies such as NCUA to submit any rules or guidance for review ahead of approval of Congress could be a good thing, although there are concerns over the potential effect on the agency’s ongoing independence.
Home Purchase Sentiment Index Jumps in March 04/15/2019 07:57 pm WASHINGTON, DC – The Home Purchase Sentiment Index (HPSI) jumped 5.5 points in March to 89.8, reversing last month’s slight decline and reaching its highest point since June 2018, according to Fannie Mae.
Hampton Roads Educators Awards Scholarships 04/15/2019 08:02 pm HAMPTON, Va.–Hampton Roads Educators’ Credit Union (HRECU) awarded five scholarships during its 65thAnnual Meeting.
'The Consequences are Significant' 04/06/2019 12:02 pm CHICAGO–Tired of being interrupted? One person urges the adoption of three practices that should allow you more uninterrupted time to get your work done.
What to Expect from New NCUA Board Members 04/15/2019 08:20 pm As the credit union industry waits to see what direction the NCUA board will head now that the two new members have taken their oaths of office, I believe the recent swearing-in ceremonies of each provides a good insight on what to expect.
Dolphin Debit Named Strategic Partner by CU League of Connecticut 04/15/2019 09:07 pm HOUSTON– Dolphin Debit, the full-service ATM management company, has been named a Strategic Partner of the Credit Union League of Connecticut.
How Would You Stop the Embezzlers? 04/07/2019 03:56 pm We now know NCUA’s examiners missed an alleged $40-million embezzlement that lasted nearly two decades, as detailed here last week.
CU, Town Resilient Following Massive Flood 04/07/2019 05:34 pm DANNEBROG, Neb.—After significant flooding across the Midwest hit this tiny town two weeks ago, the one credit union providing financial services to its 350 residents here feared the high waters might have washed out Dannebrog for good.
