LSCU COOP / Communication & Press Room / News Feed / Top Stories

Top Stories

'We survived. The building has not'--WOCCU Haiti staff

"We survived. The building has not." That's the start of a dispatch from the World Council of Credit Unions' team leader for its project in Haiti. ... More

Schumer underscores support for MBL cap increase

Sen. Charles Schumer (D-N.Y.) this week reiterated his support for increasing the member business lending cap for credit unions, telling a group at Cortland, N.Y.'s CFCU Community Credit Union that in 2010 he must "focus" on increasing lending to the small businesses that "are the lifeblood" of the American economy. ... More

Monday's a holiday: CUNA closed, no News Now

CUNA's Washington, D.C., and Madison, Wis., offices will be closed Monday in observance of the Martin Luther King Jr. holiday. News Now will not publish a Monday edition but will resume regular publication on Tuesday.... More

Compliance: When negative balance fees may be charged

This month, CUNA's Compliance Challenge addresses overdraft fees, for instance asking if newly proposed Regulation E overdraft rule allows credit unions to charge a negative balance fee when a member's ATM/debit card overdraft leads to a negative balance for a long period of time.... More

Urge members to fill out Census questionnaires

The U.S. Census Bureau wants credit unions to know that data collected from the census and the American Community Survey will affect them because the census helps determine the distribution of federal funds. The bureau is encouraging credit unions to urge their members fill out the questionnaires.... More

H&FF Radio covers tax credit, loan scams, financial checkup

Sunday's H&FF Radio program examines the Earned Income Tax Credit, loan modification scams, the state of the mortgage foreclosure market and how your financial "temperature" compares with others.... More

CU movement support for Haiti totals $142,000 so far

The credit union movement began stepping up to the plate and in two days last week contributed $142,000 to disaster relief efforts for Haiti's 175 credit unions, their staff and volunteers and members affected by the Jan. 12 earthquake.... More

WOCCU Haiti staff priority needs: satellite phones, cash

The World Council of Credit Unions' team in Haiti, led by program chief of party Greta Greathouse, has continued its efforts to regroup in the wake of the Jan. 12 devastating earthquake.... More

New NCUA examiner guidance: 'Look beyond fin. ratios'

Guidance to federal examiners to "look beyond financial ratios" to determine a credit union's financial condition—and particularly when examining a low-income or community development credit union—was issued late Friday by the National Credit Union Administration.... More

CUs equal 20% of CDFIs, says federation

The U.S. Treasury Department's Community Development Financial Institutions Fund last week certified five credit unions and one credit union service organization as CDFIs.... More