2009 News

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2009 News

  • CUs a better deal for savings, says CNN report (December 31, 2009)
    A CNN "American Morning" report Tuesday on new year's financial resolutions pointed to credit unions as a better deal for consumer savings and credit-card options.
  • Maximum consumer report fee drops 50 cents (December 31, 2009)
    The maximum that a consumer reporting agency can charge for providing a consumer a copy of her credit report will fall from $11 to $10.50 as of Jan. 1, 2010, the Federal Trade Commission said.
  • NAFCU offices closed for New Year’s (December 31, 2009)
    NAFCU's offices will close at 1 p.m. today and remain closed through the week for the New Year's holiday.
  • NCUA files to intervene in WesCorp suit (December 31, 2009)
    NCUA, as conservator of Western Corporate FCU, filed papers in Los Angeles superior court yesterday seeking to intervene as plaintiff in a suit filed against several of the corporate's current and former employees and officials.
  • Fed proposes Reg D term deposits (December 30, 2009)
    The Federal Reserve Board is proposing to revise Regulation D to permit credit unions, banks, thrifts and other eligible institutions to maintain term deposits with the Fed apart from their required reserve balances.
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