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CU System
CU System brief (07/09/2008)
* FARMERS BRANCH, Texas (7/10/08)--The Texas Credit Union League is reminding state credit unions that their support is needed for the Texas Credit Union Commission, which is up for Sunset review in 2009. The commission is an independent regulator and comes up for review every 12 years. “This is standard,” Buddy Gill, the league’s chief advocacy officer, told News Now. “It’s not unusual.” He also noted that “so far, things are going smoothly” with the regulator and the standard Sunset review process. The league thanked a number of credit unions who have already written letters to the Sunset commission voicing their support for the Texas Credit Union Commission and Department (LoneStar Leaguer July 9) ...


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Today's @TheNCUA meeting starts now with fixed-asset proposal; wld eliminate 5% cap.
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NCUA re-schedules start of tomorrow's closed meeting to 9 a.m. ET. Open meeting still at 10 a.m. ET.
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Now up on News Now: Fed stays course on taper, interest rates http://t.co/6DntsW58vA
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