Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Bankers file brief ask for FOM reversals
HARRISBURG, Pa. (8/25/08)--Bankers have filed a brief in the U.S. District Court in Pennsylvania asking that approvals of three field-of-membership (FOM) expansions be set aside and returned to the National Credit Union Administration (NCUA) for more review. NCUA had approved FOM expansions involving three six-county communities in central Pennsylvania in 2003. The brief was filed in response to U.S. District Court Judge Yvette Kane’s decision in July that NCUA’s record was insufficient to sustain the agency's decision to grant the six-county-area, according to the Pennsylvania Credit Union Association (Life is a Highway Aug. 22). Bankers are asking the court to return AmeriChoice FCU, Mechanicsburg; Members 1st FCU, Mechanicsburg; and New Cumberland (Pa.) FCU to their original fields of membership. The document filed by the bankers does not ask for the credit unions to divest the members who were added as a result of the six-county area approved by NCUA. NCUA and the credit unions’ responses are due Sept. 4.


RSS





print
News Now LiveWire
.@TheNCUA's J. Mark McWatters reflects on his first #CUNAGAC in this month's NCUA report. http://t.co/M5AFC9J9QL
23 minutes ago
.@symantec : 59% of compromised info linked to retailer breaches #NewsNow http://t.co/7pvCs6S6xJ
46 minutes ago
.@CUNA's Ryan Donovan discusses House and Senate activities CUNA will be following this week. https://t.co/CVZimYWrc5
50 minutes ago
.@Bankrate breaks down 5 top fee-fighting #creditunions http://t.co/MNyj3uWeVs
1 hour ago
#creditunions celebrate #EarthDay2015 by being green aware with e-statements, hosting shred events, planting trees
16 hours ago