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CUNA open, no News Now on Monday's holiday
WASHINGTON and MADISON, Wis. (2/14/14)--Monday is a federal holiday (Presidents' Day) and many financial institutions will be closed. However, the Washington, D.C. and Madison, Wis., offices of the Credit Union National Association will be open. 
 
CUNA's News Now will not publish a Monday edition. News Now will resume regular publication on Tuesday.


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News Now LiveWire
Fixed-asst rule relief would not apply to federally insured, state-chartered credit unions.
2 minutes ago
.@TheNCUA Ch Matz says intent is to allow CUs to manage fixed assets without NCUA "micromanaging" the purchases of fixed assets.
4 minutes ago
Under this fxd-asst proposal, @NCUA says to exceed 5% cap a CU would need a plan or program.
7 minutes ago
The new proposal was drafted, in part, due to comments received in 2013 on a technical corrections rule approved by NCUA on fxd-assts.
8 minutes ago
Today's @TheNCUA meeting starts now with fixed-asset proposal; wld eliminate 5% cap.
12 minutes ago