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03/10/2014

Capital reform must go beyond a single risk-based plan

CUNA News Now Headlines 03/10/2014 - Provided as a courtesy and valuable service of the Credit Union National Association

Cheney defines how risk-based capital should look

CUNA supports risk-based capital but has strong concerns that there's a multi-billion-dollar price tag of additional capital for credit unions attached to a proposed risk-based capital rule. That is the wrong approach for a credit union system that withstood, under current rules, the worst financial crisis in 80 years, CUNA President/CEO Bill Cheney says in the most recent The Cheney Report. More

CUNA, CUs will explore RBC rule 'fixes' in new webinar

Can the National Credit Union Administration's risk-based capital proposal be fixed? CUNA experts and credit union CEOs will attempt to answer that and other credit union questions during a just-announced March 19 webinar. More

NCUA has avenues to MBL relief, CUNA reminds board

Only the U.S. Congress can increase the 12.25%-of-assets credit union member business lending cap, but there are a number of regulatory actions the National Credit Union Administration can and should take to aid credit unions approaching the cap, CUNA said Friday. More

Wis. league takes CU difference to the airwaves

Christine Henzig, Wisconsin Credit Union League director of communications, explained why credit unions are the financial institution of choice for consumers in a recent interview on WIBA-AM 1310's "Ask the Experts" program. More

Bethpage FCU small-biz survey grabs media attention

A credit union-sponsored survey taking the temperature of the small business climate in Long Island drummed up a bit of media attention this week. More

CU's fin. lit. course makes the grade at Harvard

For the third consecutive year, Harvard University Employees CU, Cambridge, Mass., offered Harvard undergraduates a financial literacy class designed to provide them with an understanding of personal financial management. More

March 31 is compliance deadline for NCUA emergency liquidity rule

Compliance preparations for the National Credit Union Administration's new emergency liquidity rule must be completed by March 31, the Credit Union National Association reminds credit unions. More

Verity CU's bike loans pick up social speed

Credit unions are known to cater services to their memberships. That's why it was no surprise when Verity CU, based out of bicycle-loving Seattle, rolled out a new loan program just for bike riders. More

CU*Reach courts young professionals in Ill.

It's not only today's work that's critical to the credit union movement. The industry also must keep an eye leveled toward the future. More

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Today's rapidly changing credit union climate has credit unions relying more heavily than ever on the leadership skills of their elected volunteer team. To keep up with this pace, more and more credit unions are requiring continuing education for their volunteers. CUNA Volunteer Achievement Program (VAP) is your credit union’s solution to learning opportunities for both new and experienced volunteers.

VAP provides flexible courses in a variety of formats that help your volunteers make strategic, responsible decisions to benefit your credit union:

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