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Top 20 most-read INews NowI stories of 2010
MADISON, Wis. (1/6/11)--Compliance issues and new regulations, interchange, corporate restructuring, and business lending were among the News Now stories that drew the most readership in 2010. The top story centered on overdraft disclosures. But there were bright spots, such as the No. 2 most-read item about media and financial guru Suze Orman joining in on the "Move Your Money" movement and touting credit unions. Here are the top 20 most-read stories for 2010. 20. CUNA: Final reg reform has some CU improvements WASHINGTON (7/16/10)--Following the Senate's 60 to 39 vote approval of comprehensive financial regulatory reform legislation, Credit Union National Association President/CEO Bill Cheney said that credit unions would work with regulators to ease the impact that interchange provisions could have on their operations and members. 19. Interchange vote forces CUNA opposition to Sen. reform bill WASHINGTON (5/14/10)--Late Thursday the U.S. Senate voted 64-33 in favor of including Sen. Richard Durbin's (D-Ill.) interchange amendment in S. 3217, the Restoring American Financial Stability Act. 18. CUs stand against interchange bill in media MADISON, Wis. (6/10/10)--Credit unions continue to reach out to regional media to oppose an interchange provision in pending federal regulatory reform legislation that would allow the government to set interchange fees. Credit unions also are teaming up with other financial industry groups on their anti-interchange efforts. 17. NCUA session features frank talk on corporate plan WASHINGTON (1/25/10)--At its first town-hall style meeting of the new year, the National Credit Union Administration (NCUA) shared some frank thoughts about its plans to revamp the corporate credit union system. 16: Compliance: Answers to overdraft questions WASHINGTON (3/17/10)--The Credit Union National Association (CUNA) has added five questions to its "frequently asked questions" (FAQ) on Regulation E's new overdraft rules requiring members to consent before being assessed fees on overdraft services for ATM and one-time debit card transactions. 15. Compliance: A SAFE registration update WASHINGTON (9/13/10)--The Conference of State Bank Supervisors (CSBS) briefed the Credit Union National Association (CUNA) and other trade associations last week about its progress on developing the registration process that banks, credit unions, and their employees will have to follow in order to comply with the Safe and Fair Enforcement for Mortgage Licensing Act (SAFE Act). 14. Fed issues final CARD Act rules WASHINGTON (1/13/10)--The Federal Reserve Board on Tuesday approved amendments to Regulation Z, Truth in Lending, which implement provisions of the Credit Card Accountability, Responsibility and Disclosure Act of 2009. The rules go into effect Feb. 22 13. CreditCards.com lists 10 places not to use a debit card MADISON, Wis. (3/18/10)--There are 10 situations where consumers should keep their debit card in their wallet, according to CreditCards.com. Susan Tiffany, the Credit Union National Association's director of consumer periodicals, provides some of the advice. 12. Friday sees one CU, seven banks closed ALEXANDRIA, Va. (4/26/10)--The National Credit Union Administration (NCUA) Friday assumed control of the operations of St. Paul Croatian FCU, headquartered in Eastlake, Ohio. 11. CUNA Compliance: CUs need to review check-hold disclosures WASHINGTON (3/2/10)--As of Feb. 27, the Federal Reserve Board consolidated all its check-processing operations into Cleveland, Ohio. This action eliminates all "nonlocal checks" under Regulation CC, which implements the Expedited Funds Availability Act. 10. CUNA 'disappointed' by reg reform bill's interchange treatment WASHINGTON (6/28/10)--Credit Union National Association (CUNA) President/CEO Dan Mica on Friday said that he was "disappointed" that House and Senate regulatory reform conferees allowed legislation that would enable government intervention in interchange fee negotiations to remain in the final version of financial regulatory reform. 9. Ten events that changed CUs in the past decade MADISON, Wis., and WASHINGTON (1/5/10)--A decade has ended and in the tradition of newshounds everywhere, the Credit Union National Association's News Now staff took time out to mull the impact the first decade of the 21st century presented credit unions. Staff sniffed out 10 events of the decade that changed the way credit unions operated and their strategies. 8. CUs outraged over biz lending snub by administration WASHINGTON (2/3/10)--Credit unions are outraged, baffled and feeling "snubbed" by the Obama administration's proposal to funnel $30 billion into smaller banks for business lending--but do nothing for credit unions, Credit Union National Association President/CEO Dan Mica said Tuesday. 7. CU movement reacts to NCUA's actions on corporates MADISON, Wis. (9/28/10)--The credit union movement responded over the weekend to the National Credit Union Administration's (NCUA's) announcements about its final corporate rule, the conservatorship of three corporate credit unions, and its plan to isolate and securitize the corporates' "legacy assets." 6. Cheney battles notion of CU 'bailout' on Fox News WASHINGTON (9/29/10)--Credit Union National Association (CUNA) President/CEO Bill Cheney took to the airwaves to correct the misperception that credit unions are being "bailed out" by the National Credit Union Administration's (NCUA) recently released corporate credit union and legacy asset plans. 5. CUNA compiles FAQ on CARD Act queries WASHINGTON (2/22/10)--As promised, the Credit Union National Association (CUNA) on Friday posted a list of frequently asked questions (FAQ) related to the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009, which becomes fully effective today. 4. Tax refund fraud is among latest scams WASHINGTON (2/18/10)--Credit unions should warn members that tax-filing season brings out tax-preparation frauds. The latest scheme involves tax refunds transmitted as a direct deposit or automated clearing house (ACH) credit 3. NCUA assesses 13-bp charge to repay corporate CU coverage ALEXANDRIA, Va. (6/18/10)--Credit unions will soon be charged an assessment of 0.134% of insured shares as the National Credit Union Administration (NCUA) collects a portion of the funds necessary to pay for the costs of the corporate stabilization. 2. CBS Moneywatch, Suze Orman: Time to join a CU NEW YORK (1/13/10)--It's time to say goodbye to banks and join a credit union, according to CBS Moneywatch.com, which touted credit union's lower fees, better rates and the Credit Union National Association's (CUNA) credit union locator. Also this week on CNN, financial guru Suze Orman encouraged consumers to obtain credit cards from credit unions. 1. Compliance: All CUs must report NSF fees monthly WASHINGTON (1/7/10)--Credit unions have inquired whether a new Truth in Savings (TIS) disclosure requirement for overdraft services applies to institutions that do not offer overdraft protection services to their members but do charge returned-item (NSF) fees.


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