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

Washington
Inside Washington (02/14/2008)
* WASHINGTON (2/15/08)--National Credit Union Administration Chairman JoAnn Johnson highlighted important credit union programs and initiatives that are making a positive impact in African-American communities because of February as African-American History Month. “I appreciate the role credit unions are playing in empowering African American communities, particularly in the area of financial literacy and homeownership,” Johnson said ... * WASHINGTON (2/15/08)--The U.S. Small Business Administration (SBA) renewed its partnership with the Minority Business RoundTable (MBRT) yesterday in an effort to support small-business development initiatives in underserved communities. The partnership will allow organizations to share resources and educate minority entrepreneurs on how to use SBA products and services to grow business. The two-year agreement intends to help strengthen and expand small-business development in the nation for minority entrepreneurs ... * WASHINGTON (2/15/08)--A bailout of the bond insurance industry is not necessary, said Charles Chaplin, chief financial officer of bond insurer MBIA, during testimony to a House panel. MBIA is adequately capitalized to meet policyholder obligations, he added (The New York Times Feb. 14). Problems in the bond industry were triggered by the subprime mortgage crisis, leaving insurers worried about their credit ratings. Gov. Eliot Spitzer (D-N.Y.) said millions of Americans who own bonds could lose money, and college loans, state and local taxes, and museum budgets could be affected. U.S. Rep. Paul Kanjorski (D-Pa.) has suggested tighter regulation of the bond industry while Warren Buffett, billionaire investor, said he could help by offering $800 billion in second insurance ...


RSS





print
News Now LiveWire
Construction spending drops in January, according to @CommerceGov http://t.co/W9J1mDyF8X #Market #NewsNow
5 hours ago
During Nat'l Consumer Protection Week, @TheNCUA reminds #CU members of agency resources re: rights as consumers. http://t.co/aYgW1HoDmF
6 hours ago
.@TransUnion: #millennials climbing into driver's seat with loans http://t.co/S4H9OIB3Av
7 hours ago
Breaking at #NewsNow: @CUNA backed bill introduced by @RepEdRoyce @GregoryMeeks would raise MBL cap. #CUSmallBiz http://t.co/ZDAb2UMoQz
9 hours ago
Loan growth at federally insured #creditunions in 2014 climbed to highest level since 2005, @TheNCUA reported today. Watch News Now Tues.
9 hours ago