Wednesday, May 22, 2013
Kern Schools To Absorb Tehachapi Federal
BAKERSFIELD, Calif. – Declining capital has led Tehachapi Federal Credit Union to opt to merge into Kern Schools FCU.
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ARLINGTON, Va. – The Consumer Financial Protection Bureau (CFPB) and NASCUS have signed a memorandum of understanding (MOU) to build on the foundation of state and CFPB coordination and cooperation for the supervision of state-chartered credit unions. more »
DES MOINES, Iowa – The Iowa Credit Union League (ICUL) has launched the Iowa Credit Union Pledge to encourage credit union members to show their support of their credit union. more »
ALTON, Mo. – A man who allegedly showed up at a branch of Laclede Community Credit Union with the intention of robbing it discovered the building is a drive-through facility only and robbed a member who was on hand, instead. more »
ARLINGTON, Va. – NAFCU is urging the Consumer Financial Protection Bureau to be aware of “unintended consequences” for credit unions from proposed new rules on student lending. more »
ALEXANDRIA, Va. – In the wake of the Oklahoma tornadoes, NCUA is reminding that in such emergencies federal credit unions may provide assistance to other credit unions, their members and non-members in the affected areas, under certain conditions. more »
MOORE, Okla. – As many as 26 credit union employees may have been personally affected by the tornadoes that have leveled much of this town. more »
MOORE, Okla. — Employees of Tinker FCU who rode out the tornado that leveled their credit union branch in the building's vault remained into the night Monday to make sure member deposits and safe deposit boxes were protected. more »
MOORE, Okla. — With credit unions, their employees and members in this Oklahoma City suburb digging out this morning from the devastation caused by tornadoes here, Credit Union Journal has learned that at least one credit union office has been destroyed. more »
WASHINGTON – The Consumer Financial Protection Bureau has revised its final rule on remittances to make it less burdensome for financial institutions, but it still will have a significant – though unclear – impact on international money transfers, according to analysts. more »
MADISON, Wis. – Kids deposited $25.2 million into share and savings accounts as the result of the recent National Youth Savings Challenge, according to CUNA. more »
AURORA, Ill. – The former president of Aurora Firefighters Credit Union, Anne Schaal, has pleaded not guilty to charges she misused and embezzled money from the credit union. more »
ARLINGTON, Va. – In a letter to Congress, NAFCU is urging it to take data breaches as seriously as it has been taking cyber-security-related issues. more »
PHOENIX – The best way for credit unions to avoid running afoul of examiners when it comes to their allowance for loan and lease losses is to document, document and then document some more. more »
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