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Credit Unions Likely To Face Tighter Scrutiny

October 11, 2010 by · Leave a Comment 

Q&A talks about the future of credit unions with Loren Dickinson, retiring president of Nutmeg State Federal Credit Union in Rocky Hill.

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Credit Unions Likely To Face Tighter Scrutiny

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Credit union loan arrears rise to 14.9% by end of June

September 30, 2010 by · Leave a Comment 

CREDIT UNION loans in arrears increased to 14.9 per cent of all loans by the end of June, the Irish League of Credit Unions disclosed yesterday.

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Credit union loan arrears rise to 14.9% by end of June

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Portugal Credit-Default Swaps Surge to Record on Budget Deficit Concern

September 29, 2010 by · Leave a Comment 

The cost of insuring against default on Portuguese government debt surged to a record on concern the nation will struggle to reduce its budget deficit.

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Portugal Credit-Default Swaps Surge to Record on Budget Deficit Concern

credit-unions

Credit Unions Say They Are Strong Enough To Withstand Latest Troubles

September 28, 2010 by · Leave a Comment 

Tough times for credit unions in Connecticut just got a little tougher.

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Credit Unions Say They Are Strong Enough To Withstand Latest Troubles

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ObamaCare’s Tax Credit System Will Make April 15 Even Harder

September 27, 2010 by · Leave a Comment 

Due to ObamaCare, millions of Americans may need to spend even more time on the income tax returns that they file in 2015 and beyond — and many will discover they owe the tax man more than before.

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ObamaCare’s Tax Credit System Will Make April 15 Even Harder

credit-unions

Government seizes 3 middle-man credit unions

September 25, 2010 by · Leave a Comment 

The federal regulator watching over credit unions on Friday placed three major middle-man type credit unions, beleaguered by toxic assets, into conservatership, giving the government control over 70% of the market.

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Government seizes 3 middle-man credit unions

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Credit Union Regulator in U.S. Seeks Bids on $800 Million in Property Debt

September 23, 2010 by · Leave a Comment 

The federal agency that regulates credit unions and insures more than 90 million U.S. accounts sought bids on about $800 million in bonds backed by commercial mortgage debt, according to a spokesman for the group.

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Credit Union Regulator in U.S. Seeks Bids on $800 Million in Property Debt

credit-unions

Credit union guarantee fund snub

September 9, 2010 by · Leave a Comment 

SIX Central Bank and Financial Services Authority proposals for a credit union guarantee fund have been rejected out of hand by the Irish League of Credit Unions which wants to retain full ownership and control of any new scheme.

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Credit union guarantee fund snub

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Credit union watchdog’s dividend warning

September 7, 2010 by · Leave a Comment 

The Registrar of Credit Unions says high dividends are no longer sustainable at many credit unions.

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Credit union watchdog’s dividend warning

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Banks, credit unions worry that reform will change business model

September 4, 2010 by · Leave a Comment 

Banks, credit unions worry that reform will change business model By JERRY SIEBENMARK McClatchy Newspapers Updated Sep 4, 2010 04:55PM MDT WICHITA, Kan. • Bank and credit union executives will be waiting for the next several months, even years, for their business to change, perhaps dramatically, as federal regulators put in place the most significant piece of banking legislation in nearly two …

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Banks, credit unions worry that reform will change business model

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