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04/26/2013

It's All About CU Structure

CUNA News Now Headlines 4/26/2013 - Provided as a courtesy and valuable service of the Credit Union National Association

Illinois, Louisiana Leagues Tell Why CUs Are Tax Exempt

The Illinois and Louisiana Credit Union Leagues and Alabama CU weighed in on the tax status battle to tell why credit unions are tax exempt in two publications Wednesday. More

CUNA: Bank Capital Changes Should Be Tied To CU Changes

The U.S. Congress should consider the capital concerns of credit unions as it discusses Basel III exemptions for small banks, CUNA President/CEO Bill Cheney urged in a Thursday letter to members of the U.S. House. More

CUNA Warns Of Potential Denial of Service Attack

With the increasing prevalence of Distributed Denial of Service cyberattacks, CUNA is alerting credit unions to "chatter" that has been detected about a potential widespread attack that could be planned for May 7. More

While Bank Payday Loans Scrutinized, CUNA Underscores CU Difference

As regulators unveiled plans Thursday to put bank payday and advance-deposit loan practices under increased scrutiny, CUNA noted that there are pro-consumer credit union alternatives to predatory payday lending. More

CUNA: Fin. Lit. Bill Will Complement CU Efforts

Credit unions work hard to improve financial literacy in their communities, and Sen. Kay Hagan's (D-N.C.) new financial education bill will surely aid those efforts, CUNA said Thursday. More

CUs Educate With 'a Giggle' During Youth Week

Credit unions are in mustache and mystery mode this week in celebration of the National Credit Union Youth Week theme, Savings Sleuth: Solve the Mystery. More

Connecticut House OKs Savings Raffles

The Connecticut of House of Representatives passed legislation Wednesday that would allow the state's credit unions and community banks to offer savings promotions raffles, under certain conditions. More

SBA 504, 7(a) Loan Simplifications Backed By CUNA

CUNA supports a U.S. Small Business Administration (SBA) proposal that would ease the loan application process for small business owners, as well as increase access to certain SBA financing for certain business owners. In a comment letter to the SBA, CUNA also noted that congressional action to increase the member business lending cap would also help small businesses. More

H&FF Radio: Student Debt, College Entrepreneurs

This week Home & Family Finance Radio goes back to school to help young people conquer student debt and make money. More

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