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Tuesday, September 2, 2014
Credit union consultants discuss how NCUA's risk-based capital rule may have some CUs reevaluating their charter options.
BIRMINGHAM, Ala. — Will the risk-based capital rule increase the pace of credit-union-to-bank conversions? Only time — and the final rule — will tell. But most industry insiders and experts say it's unlikely that a significant number of credit unions will be rushing to make the switch.
A year ago, bank executives were taking a hard look at credit cards — if they didn't offer one, they were seriously considering it; and if they already offered a card, they wanted to boost its profile. The moves have paid off with huge growth rates.  more »
Privately insured CUs will not pay a special premium assessment in 2014.  more »
 
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