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September 02, 2010 |
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NCUA adds fraud to WesCorp complaint
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The NCUA Board late Tuesday filed an amended complaint alleging, variously, breaches of fiduciary duty, fraud and unjust enrichment by three former officers of Western Corporate FCU, under conservatorship since March 2009.
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NAFCU, writing lawmakers, touts CUs’ role
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NAFCU President Fred Becker reiterated the association’s argument that credit unions’ federally tax-exempt status helps ensure consumers a unique, quality alternative to banks in letters Wednesday to the leaders of the House Ways and Means and Senate Finance committees.
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NAFCU weighs in on RESPA proposal
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The Department of Housing and Urban Development should ensure that any changes to its Real Estate Settlement Procedures Act rules do not inadvertently affect credit unions through arrangements with lender affiliates, NAFCU said Wednesday.
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NCUA closes First American CU
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NCUA said it liquidated First American CU of Beloit, Wis., Tuesday and signed an agreement with First Community FCU of Parchment, Mich., to assume its assets and liabilities, ensuring members uninterrupted access to credit union service.
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MDI early registration ends Sept. 17
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Discounts apply until Sept. 17 on tuition paid by NAFCU members and nonmembers to attend NAFCU’s Management Development Institute, which is set for Nov. 15-20 in Durham, N.C.
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No change in Do Not Call fees next year
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Fees for access to phone numbers in the National Do Not Call Registry will remain at current levels through fiscal 2011, the Federal Trade Commission said Wednesday.
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Sept. 8, 15
FACT Act risk-based pricing rules, strategic planning on tap.
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Get AC photos
View, order pictures from NAFCU's Annual Conference.
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Social media info
Insert informs members of your online initiatives, is customizable.
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Need an ad?
See winners of the Create-a-Credit-Union-Commercial contest.
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