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
Matz Consumers want overdraft protection
ALEXANDRIA, Va. (11/03/09)—National Credit Union Administration (NCUA) Chairman Debbie Matz, speaking at a recent league chapter meeting, said she supports overdraft protection plans that are carefully done with minimal impact on members, such as limiting the number of transactions and corresponding fees per day. Having worked at a credit union that offers overdraft protection, she said that she realizes that consumers would not be happy if the service was eliminated. Credit unions can provide a service members want that also is balanced and pro-consumer, she said. Matz made her remarks last week to credit union representatives attending a Suburban/D.C. chapter meeting of the Maryland & D.C. Credit Union Association. The league also reported that Matz acknowledged that the NCUA’s Region II staffing changes have recently been in flux. She attributed this to needs in other regions, and said it is like “robbing Peter to pay Paul” to shift personnel resources. Matz added that the agency plans to bring Jane Walters back as Region 2 director in March 2010. Walters currently is serving as Acting Regional Director, Region V.


RSS





print
News Now LiveWire
#Consumersentiment highest in 11 years @Umich January survey http://t.co/64ORm6b0Fc
3 hours ago
#creditunions teach #college students how to handle the plastic http://t.co/SYy24PSQmn
3 hours ago
How you might change how you bank in 2015 @Bankrate http://t.co/wRhQsyTvul
4 hours ago
#NewsNow Ohio, Ga. video: Merchants not watching your wallet http://t.co/7jc7rECKSF
4 hours ago
What will a viking raid? Town or your wallet? http://t.co/JJYXXAGk7g @OhioCreditUnion @GCUAGov #StoptheDataBreaches http://t.co/7jc7rECKSF
5 hours ago