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04/22/2014

CUNA discusses RBC concerns with top NCUA staff

CUNA News Now Headlines 04/22/2014 - Provided as a courtesy and valuable service of the Credit Union National Association

CUNA subcommittee meets with NCUA on RBC plan concerns

In discussions with top staff at the National Credit Union Administration, CUNA's Examination and Supervision Subcommittee continued a thorough review of concerns on legal and economic grounds regarding the agency's proposed risk-based capital proposal. More

Mich. CUs are new tools for skilled trades toolbox

The Michigan Credit Union League has signed on to a partnership looking to close the widening skills gap in Michigan, a trend that has long tripped up the state's job market and economy. More

Auto sales lead the way for Cornerstone CUs' Q1 growth

Continued strength in car and light truck sales during the first quarter this year is an encouraging sign for many credit unions in Arkansas, Oklahoma and Texas, according to a Catalyst Strategic Solutions expert. More

Filene: CUs can be young adults' partner on retirement path

It's no secret that younger generations will likely have more trouble adequately preparing themselves financially for retirement. Prospects for a sufficient pool of Social Security dollars, given recent trends in demographics, seem bleak. More

Credit debt more shameful than excess pounds: NFCC

When asked what aspect of their lives they would be most embarrassed to admit, the highest number of respondents at 37% indicated it was their credit card debt, according to a National Foundation for Credit Counseling online poll. More

In Congress: Patent, housing reforms still front burner

Congress is back in session on April 28. The Senate Judiciary Committee is expected to markup a new text of its patent reform bill early in the week, and the Senate Banking Committee still has April 29 on its calendar as the date for a markup of its housing finance reform bill. More

Fryzel looks to CUs' future, past as tenure winds down

As the National Credit Union Administration awaits Senate action on the nomination of J. Mark McWatters to replace Michael Fryzel on the agency board, Fryzel took the occasion of this month's The NCUA Report to reflect on the recent past and the near future of the credit union movement. More

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