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No Extension of Corporate Share Guarantee Into 2013: NCUA

Credit unions holding out hope the NCUA will extend the corporate share guarantee beyond Dec. 31 should start making other plans.....No Extension of Corporate Share Guarantee Into 2013: NCUA:

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Dolphin Debit, Enters into Partnership With CUSI

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Liquidity Resources

Liquidity Resources Liquidity is a credit union’s capacity to meet its cash and collateral obligations at a reasonable cost. Adequate liquidity is necessary to efficiently meet both expected and unexpected cash flows and collateral needs without compromising the credit union’s daily operations or financial condition. Effective credit union management identifies, measures, monitors, and controls exposure to liquidity risk. Primary Risks In managing expected cash flows, a credit union may experience situations that increase its liquidity risk. These situations include mismatches between sources and uses of funds, market constraints on the ability to convert assets into cash or to access sources of funds (market liquidity), and contingent liquidity events. Changes in economic conditions or exposure to credit, market, operational, legal, and also can affect an institution’s liquidity risk profile. None of these risks are mutually exclusive, and interrelated risks may contribute to increase...
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Not Your Mother’s Credit Union

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CFPB Issues Final Rule on Remittance Transfers; Proposes Changes As Well

On January 20, 2012, the CFPB adopted a final rule amending Regulation E (Electronic Fund Transfers) to include consumer protections for various types of remittance transfers. The rule was originally proposed by the Federal Reserve Board last May; however, authority to finalize the rule-making transferred to the CFPB on July 21, 2011  ****More At;  CFPB Issues Final Rule on Remittance Transfers; Proposes Changes As Well : Written by Bernadette Clair, Regulatory Compliance Counsel   
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Interest-bearing stablecoins could siphon deposits from community banks and credit unions

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How to Prepare for a Recession

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Senate, 51-47, has confirmed John Crews to the NCUA board

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Become your kid's mortgage lender

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Fed Governor Warns ‘Global Stablecoin Glut’ Could Reshape Monetary Policy

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