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September 03, 2010 |
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NAFCU points to slowing GDP in MBL push
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Drawing on news of a slowing in productivity growth, NAFCU President Fred Becker yesterday urged House and Senate leaders anew to include a member business loan cap lift proposed by Sen. Mark Udall, D-Colo., in jobs legislation when Congress returns from its summer recess.
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Fiscal panel urged to weigh policy impact on CUs
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NAFCU yesterday urged the National Commission on Fiscal Responsibility and Reform to take into account the impact on credit unions and their 92 million members of future recommendations for achieving a balanced federal budget.
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Signs to reflect permanent $250,000 limit
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Credit unions have until March 2, 2011, to replace any out-of-date official insurance signs to show the permanent nature of the $250,000 standard maximum share insurance amount, NCUA said in a final rule approved by the board last month.
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Bernanke: No guarantees against future crisis
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Federal Reserve Chairman Ben Bernanke said Thursday it isn’t possible to guarantee another financial crisis will never happen given that the financial system requires a regulatory framework that promotes “the appropriate mix of prudence, risk-taking and innovation.”
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CUs’ views sought on financial education goals
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NAFCU is seeking members’ input as it prepares an official comment letter regarding Treasury’s proposed set of financial education core competencies for consumers and financial education providers.
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Sluggish recovery hampers vehicle sales
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August is typically a month for strong vehicle sales, but the economic recovery proved too fragile for that to happen this time, noted NAFCU Staff Economist Katrin O’Connor Thursday.
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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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