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Wednesday, October 1, 2014
NCUA Issues Three Prohibition Orders
ALEXANDRIA, Va. — NCUA has banned three former credit union employees from participating in the affairs of any federal insured financial institution.
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Members of the Santa Cruz County Employees CU in Santa Cruz, Calif., have approved a plan to merge with Bay FCU in Capitola, Calif. more »
ALEXANDRIA, Va. — After months of debate, NCUA Board Chairman Debbie Matz on Monday said she will request a revised risk-based capital rule be issued along with a new comment period "as a result of significant structural changes being considered." more »
The Credit Union National Association has named the winners of its 2014 Community Credit Union of the Year Awards. more »
Woodburn, Ind. — When Dave Shuey isn't running Financial Partners FCU, you might find him in his kitchen cooking up some award-winning baked goods and turning his wife into a "baking widow." more »
DAYTON, Ohio — Thomas Newton has been named the new president and CEO of Dayton Firefighters FCU. more »
The National Credit Union Foundation is taking nominations for three board seats now through Oct. 31. more »
Credit Union Executive Society in Madison, Wis., is mourning the passing of industry veteran Franck Schuurmans. more »
New York Gov. Andrew Cuomo has signed into law a measure that allows financial institutions to offer raffle-style programs to encourage saving. more »
WEST JORDAN, Utah — Police here are on the hunt for a man who allegedly displayed a bomb while robbing a branch of University First FCU here on Wednesday morning. more »
Palisades Federal Credit Union in Pearl River, N.Y., has appointed Juan "Tony" Molina as the$163 million credit union's new president and chief executive. more »
WASHINGTON — New NCUA Board member Mark McWatters will oppose any risk-based capital proposal without another comment period for the credit union community. more »
San Diego County Credit Union and Comerica Bank have battled over the past two years to claim the Guinness World Record for "Most Paper Collected in 24 hours." more »
The Temporary Corporate Credit Union Stabilization Fund for the first time reported a positive net position in the second quarter of 2014. more »
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"Cat selfies" and more
This spot from Bayport CU in Newport News, Va., shows that there's a lot more that members can do with their mobile phones than just take "cat selfies."
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