Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Inside Washington (09/05/2012)
  • WASHINGTON (9/6/12)--Travis Plunkett has accepted the newly created position of deputy director of the Family Economic and Financial Security Portfolio at the Pew Center on the States. Plunkett will leave his position as legislative director at the Consumer Federation of America (CFA), where he has worked for the past 13 years. In his new position, Plunkett will build and manage a team focused on the ability of families to earn and maintain income, save for the future, and borrow and invest safely and wisely. Rachel Weintraub will assume the position of legislative director at CFA. Weintraub is currently CFA's director of product safety and in-house counsel. In her 10 years there, she has worked on congressional issues, including leading the consumer coalition that persuaded Congress to pass major consumer product safety legislation several years ago …
  • WASHINGTON (9/6/12)--The Federal Reserve will offer $3 billion in 28-day term deposits through its Term Deposit Facility Monday. The offering is part of ongoing small-value operations designed to provide eligible institutions with an opportunity to become familiar with term deposit operations, the Fed said. Competitive bids submitted at the stop-out rate will be pro-rated and will be rounded to multiples of $10,000. Normal rounding convention will be used, except that awards less than $10,000 will be rounded up to $10,000. Non-competitive bids will be allowed. All non-competitive bids will be automatically awarded in full at the stop-out rate of the competitive auction. The minimum amount for a non-competitive bid is $10,000; the maximum amount is $5 million and should be submitted in increments of $10,000. Non-competitive bids must be submitted between 10 a.m. and 2 p.m. ET Monday …


RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
16 hours ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
17 hours ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
19 hours ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
21 hours ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
21 hours ago