Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Inside Washington (02/11/2008)
* WASHINGTON (2/12/08)--The Securities and Exchange Commission (SEC) is weighing its credit-rating-company rules after investors lost on products backed by subprime mortgages (Bloomberg Feb. 11). The SEC could propose new rules this spring that would provide more information about past ratings and the difference between ratings on corporate and municipal bonds versus ratings on structured debt. Banks and securities have lost $146 billion since 2007, the agency said ... * ALEXANDRIA, Va. (2/12/08) -- National Credit Union Administration (NCUA) Vice Chairman Rodney Hood said he would come away from the 25th anniversary celebration for the nation’s largest student-run federal credit union with best practices to incorporate in his Blueprint 2020 Initiative. At the celebration, Hood commended Georgetown University Alumni and Student Federal Credit Union (GUASFCU) for its 25 years of service and for spreading knowledge of the philosophy and mission of credit unions and raising awareness of the careers available in this industry. The goal of Hood’s Blueprint initiative is to attract well-trained and highly competent new credit union employees, board members, supervisory committee members and credit committee members to the credit union movement. Hood noted that GUASFCU is entirely student-run; currently, with over 150 interns, and raises awareness of the careers available in the industry …


RSS print
News Now LiveWire
Landmark #creditunion exam parity bill earns @GovernorQuinn signature http://t.co/WcWePlAnfb
11 minutes ago
Fixed-asset cap elimination one item on @TheNCUA board agenda for next week. See #NewsNow http://t.co/N2U5Bq9R24
30 minutes ago
USFCU, Minn., hosts small business networking night. http://t.co/CBFHpJTFZe
17 hours ago
Number of @CUNA-certified fin. counselors hits 2,175 http://t.co/3fQGcdxyLO
17 hours ago
Jobless claims drop by 19,000 this week #Market #NewsNow http://t.co/LSqaYCsmX4
18 hours ago