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04/18/2014

CUNA, NAFCU jointly repeat urging for RBC comment extension

CUNA News Now Headlines 04/18/2014 - Provided as a courtesy and valuable service of the Credit Union National Association

CUNA, NAFCU jointly repeat urging for RBC comment extension

Joining forces, CUNA and the National Association of Federal Credit Unions Thursday urged a 90-day extension for the comment period for the National Credit Union Administration's risk-based capital plan, set to elapse on May 28. More

Stress testing for large CUs, common bond proposal on next NCUA agenda

A final stress testing rule for large credit unions will lead the agenda when the National Credit Union Administration holds its April open meeting next Thursday. More

Ky. latest state to enact data breach protection

As CUNA continues to work on data security issues at the federal level, states are making progress with laws to protect and inform consumers about data security. More

New video provides NCUA answers to CUs' RBC questions

A two-part, 20-minute video has been released by the National Credit Union Administration, one that is intended to help federally insured credit unions with questions about the agency's proposed risk-based capital rule. More

Mercer: Ohio CUs need to be tougher to sell a powerful idea

While Ohio credit unions are doing an "amazing" job in serving their memberships, they must market better to sell their "beautiful, powerful idea," Ohio Credit Union League President Paul Mercer told the annual Invest 48 audience last week. More

Carolina CUs, armed with membership numbers, call on lawmakers

"Preparation is key to effective visits with legislators," Carolinas Credit Union League Director of Government Relations Billy Boylston said this week, highlighting how CUNA's Project Zip Code helped advocates from $602 million-asset Palmetto Citizens FCU, Columbia, S.C., prepare for their visits to the nearby South Carolina State House. More

NCUA a-Twitter with fin. lit. chat

Interested in sharing best practices for helping members increase their financial literacy? The National Credit Union Administration has set an April 23 Twitter chat on the issue. More

Low-income CU financially empowers N.Y. neighborhood

The credit cycle, especially for the impoverished, can pull people and their finances down into what seems like an inescapable abyss. More

Technical difficulty disrupts News Now distribution

Due to technical problems with our website operations Thursday--now resolved--emails of the daily News Now headlines were not distributed as per usual at 5 a.m. (ET). More

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