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CUs can expect combo of assessment rebates/repaid corporate capital

CUNA News Now Headlines 03/19/2014 - Provided as a courtesy and valuable service of the Credit Union National Association

March 19, 2014

Corp. loss update reaffirms good news for CUs: CUNA

Tuesday's announcement by the National Credit Union Administration that the upper end of projected corporate stabilization assessments declined by $2.2 billion between July and December 2013 "reaffirms the good news credit unions received last fall," CUNA Chief Economist Bill Hampel said. More

Risk-based capital webinar is today: Slots open

Hundreds have signed up, but a few slots are still open for those who wish to take part in today's webinar from CUNA on the National Credit Union Administration's risk-based capital proposal. More

NACHA restarts discussions of same-day ACH settlement

NACHA--The Electronic Payments Association is planning a phased approach to reforms that would create a ubiquitous, same-day automated clearinghouse settlement system. More

Small-biz loan guarantee program available for Pa. CUs

Credit unions are reminded that they can use the Pennsylvania Capital Access Program to guarantee their small business loans programs. More

CUNA at Treasury talks of IT improvements for FIs

CUNA attended a recent U.S. Treasury Department discussion on how information technology is transforming financial institutions and how they do business. More

CU joins naturalization initiative to help Silicon Valley workers

Technology CU, San Jose, Calif., joined three other Silicon Valley companies in partnering with the Bethlehem Project Monday to assist employees holding legal-immigrant status achieve citizenship. More

Prize-linked savings, parity bills intro'ed in N.Y. Legislature

Two pro-credit union bills recently made their way to the floors of the New York Legislature. More

CU loan balances outpace Ohio savings in 2013

For the second straight year, loan balances at Ohio credit unions increased more than savings balances, according to a report on 2013 numbers from the Ohio Credit Union League. More

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