News Now Headlines--03/12/2010

News Now LiveWire

At Syracuse-based CU, Sen. Kirsten Gillibrand (D-N.Y.) promotes MBL cap lift, says legislation may soon pass Senate... http://ow.ly/1isaL 21 minutes ago

NY times: Obama admin considers economist Peter Diamond, atty Sarah Raskin, w/ potential Fed vice chair Janet Yellen, to fill fed vacancies. 2 hours ago

Mich. Assn. of CUs members have voted to combine w/ Mich. CU League into single trade assn., citing CU industry consolidation as factor. 3 hours ago

Two men charged as High Country Bandits in 16 armed robberies of CUs and banks in four states--Arizona, Utah, New Mexico, Colorado. 4 hours ago

NCUF board creates new Development Education Fund to allow Community Investment Fund investors to earmark funds for DE. 4 hours ago

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March 12, 2010

CUNA Vice President of Legislative Affairs Ryan Donovan said that CUNA is looking forward to the release of Senate Banking Committee Chairman Chris Dodd's (D-Conn.) financial regulatory reform legislation on Monday, and will fully analyze the legislation once it is released.

The momentum behind increasing the member business lending cap for credit unions continued to grow this week, with a total of 10 new legislators signing on to support Rep. Paul Kanjorski's (D-Pa.) H.R. 3380, the Promoting Lending to America's Small Businesses Act.

Credit union liquidity increased and asset quality decreased, according to the U.S. Credit Union Profile report, CUNA's summary of National Credit Union Administration call report data released March 1.

The National Credit Union Administration, at its upcoming board meeting at 10 a.m. ET on Thursday, March 18, will discuss proposed rules addressing its regulatory flexibility program.

Bestselling author Jim Collins will tell credit unions how to go from "good to great" when he keynotes at The 1 Credit Union Conference in Las Vegas July 11-14.

CUNA has compiled its state-by-state Credit Union Financial Summary--highlighting financial trends of the past year and gleaned from the National Credit Union Administration's final call report release of 2009. One of the trends: states vary widely in loan growth.

The Missouri Highways and Transportation Commission approved a staff recommendation Wednesday to sever ties with the 10 credit unions located in Missouri Department of Transportation facilities in the state, according to the Missouri Credit Union Association.

Sunday's H&FF Radio program takes a look at how to position your business for a successful sale, avoid getting stung on rebate offers, choose a legitimate debt management company, and benefit from the lessons of National Consumer Protection Week.



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	News Now LiveWire At Syracuse-based CU, Sen. Kirsten Gillibrand (D-N.Y.) promotes MBL cap lift, says legislation may soon pass Senate... http://ow.ly/1isaL 21 minutes ago NY times: Obama admin considers economist Peter Diamond, atty Sarah Raskin, w/ potential Fed vice chair Janet Yellen, to fill fed vacancies. 2 hours ago Mich. Assn. of CUs members have voted to combine w/ Mich. CU League into single trade assn., citing CU industry consolidation as factor. 3 hours ago Two men charged as High Country Bandits in 16 armed robberies of CUs and banks in four states--Arizona, Utah, New Mexico, Colorado. 4 hours ago NCUF board creates new Development Education Fund to allow Community Investment Fund investors to earmark funds for DE. 4 hours ago Sign up; more tweets... March 12, 2010 CUNA watches for CU issues in Dodd's new reforms Washington CUNA Vice President of Legislative Affairs Ryan Donovan said that CUNA is looking forward to the release of Senate Banking Committee Chairman Chris Dodd's (D-Conn.) financial regulatory reform legislation on Monday, and will fully analyze the legislation once it is released. New growth spurt in House MBL backers Washington The momentum behind increasing the member business lending cap for credit unions continued to grow this week, with a total of 10 new legislators signing on to support Rep. Paul Kanjorski's (D-Pa.) H.R. 3380, the Promoting Lending to America's Small Businesses Act. CU Profile notes liquidity, asset quality trends CU/System Credit union liquidity increased and asset quality decreased, according to the U.S. Credit Union Profile report, CUNA's summary of National Credit Union Administration call report data released March 1. Reg-Flex, 5-year plan on next NCUA agenda Washington The National Credit Union Administration, at its upcoming board meeting at 10 a.m. ET on Thursday, March 18, will discuss proposed rules addressing its regulatory flexibility program. 'Good to Great' author keynotes The 1 CU Conference CU/System Bestselling author Jim Collins will tell credit unions how to go from "good to great" when he keynotes at The 1 Credit Union Conference in Las Vegas July 11-14. States vary widely on '09 loan growth--CU financial summary CU/System CUNA has compiled its state-by-state Credit Union Financial Summary--highlighting financial trends of the past year and gleaned from the National Credit Union Administration's final call report release of 2009. One of the trends: states vary widely in loan growth. Missouri DOT tells 10 CUs to vacate offices CU/System The Missouri Highways and Transportation Commission approved a staff recommendation Wednesday to sever ties with the 10 credit unions located in Missouri Department of Transportation facilities in the state, according to the Missouri Credit Union Association. H&FF Radio discusses business sale, debt management Consumer Sunday's H&FF Radio program takes a look at how to position your business for a successful sale, avoid getting stung on rebate offers, choose a legitimate debt management company, and benefit from the lessons of National Consumer Protection Week.
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