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Articles Tagged with 'federal'

Fed Forms Community Depository Institutions Advisory Council

October 01, 2010
The CDIAC will replace the Thrift Institutions Advisory Council, which has provided the board with useful information from the perspective of thrift institutions and credit unions since 1981. READ MORE

Pace of Recovery is Slowing

October 04, 2010
Economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels for the federal funds rate for an extended period. READ MORE

NCUA Disperses Constitution Corporate’s Assets

November 23, 2010
NCUA reports that it’s transferring the assets of Constitution Corporate to Members United Bridge Corporate Federal Credit Union, Warrenville, Ill. Members United will assume Constitution’s members, shares, and business processes to ensure ongoing service to the credit unions and their consumer members. READ MORE

Here's a Resolution You Can Keep

January 24, 2011
The federal government gave every working person a 2% raise. Use it wisely. READ MORE

Compliance Matters: Director Responsibilities

April 14, 2011
New regulations on board responsibilities and the latest on temporary unlimited insurance coverage. READ MORE

Bankers Behaving Badly

April 29, 2011
The Fed wants the offending banks to make significant revisions to certain residential mortgage loan servicing and foreclosure processing practices. READ MORE

Andrews FCU Observes 10th Anniversary of Sept. 11

September 15, 2011
CU makes donations to Warrior Transition Units. READ MORE

Reg D & J Changes Ahead

December 01, 2011
Comments are due by Dec. 19, 2011. READ MORE

NCUA Posts List of Regs to Review

January 30, 2012
Under review in 2012 are rules governing bylaws, fields of membership, fixed asset ownership, mergers, corporate credit unions, and more. READ MORE

Fed Amends Regulation D

June 01, 2012
Change will create a common two-week maintenance period for all depository institutions. READ MORE
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Credit Union Magazine

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According to the article, "Bankrate.com examined 56 high-yield checking accounts...and found the average annual percentage yield (APY) to be 1.64%—nearly 33% higher than the average interest-bearing checking account (0.05%)." By a show of hands, who thinks a 1.64% APY is only roughly 33% higher than a 0.05% APY? Hmmm...

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