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Home > Communications and PR > August 2013


August 2013 

Here are the News items that appeared on the front page of our website in August 2013. 

  • "Don't Tax" Message Getting Through: Credit unions are finding creative ways to educate the public and their Congressmen and -women about the value of our tax exempt status. More►
  • Is Your Credit Union Prepared?: In September, credit unions can take advantage of free resources to help them and their members prepare for a disaster. More►
  • NCUA Releases Second Quarter Data: The agency reports that credit unions in the U.S. are experiencing growth in loans, net worth, and membership. More► 
  • Are We Living Up to the Dream?: Henry Meier points out that credit unions "have a unique chance and obligation to help honor the obligation" King pointed out 50 years ago.
  • Three Montana Credit Unions receive NCUA Grants: Lincoln County CU, McCone County FCU, and SW Montana FCU were among the 126 credit unions that got a grants to expand services to members. More►
  • Montana Credit Unions for Kids: A synergy brewing in Montana aims to support the state's sole CMN Hospital. More►
  • Women's Equality Day: In August 1920, the 19th Amendment to the U.S. Constitution passed and women were finally granted the right to vote. More►
  • The Federal Reserve Will Appeal Interchange Decision: The status quo will remain in place for now as the Fed appeals the recent district court decisions that invalidated the agency's debit interchange fee rule.More►
  • Help Choose Youth Week Theme for 2014: Send in your ideas to CUNA's by August 28. More►
  • Global Fraud Losses Report: Nilson Report found that payment card fraud cost issuers, merchants, and acquirers more than $11.27 billion (or 5.22 cents for every $100 in volume) worldwide in 2012. More►
  • Tax Reform Should Put Consumers First: CUNA Chair Pat Wesenberg lays out the ways credit unions benefit consumers. Benefits that would disappear if credit unions were to lose their non-profit status.  More►
  • The Ripples From Student Loan Debt Last a Lifetime: The negative effects of borrowing for college haunt borrowers long after their debts are paid off. More►
  • Don't Tax My Credit Union: The list of credit union tax backers in the U.S. Congress continues to increase. Don't forget to reach out to Montana's congressional delegation. More►
  • Court Response on Interchange Alarming: Judge Leon extended the current stay on the debit interchange rule for a week, set a tight deadline for the rule's revision, and raised the question of "damages." More►
  • New NCUA Board Member to be Sworn In: Richard Metsger will officially become the third member of the NCUA Administration's three-person board next week. More►
  • One Man. One March. One Speech. One Dream: Time has put together an interactive look at the people who shaped the March on Washington 50 years ago. More►
  • Cap Back in Place on Student Loans: President Obama signed the Bipartisan Student Loan Certainty Act on Friday afternoon. More►
  • Plan for Life's Curve Balls: FoxBusinesses Barbara Mannino offers a few budget tips to help people plan for life's unexpected curve balls. More►
  • Study Shows Lots of Room for Most Credit Unions to Improve: A recent study of larger credit unions shows an immense gap between "best performers and the rest." More►
  • NCUA Sends out Assessment Letter: The agency answers key questions about this year's 8 bp assessment and reminds credit unions to expect an invoice in September. More►
  • An "inside Exchange" about Interchange: The latest episode of CUNA's short video series addresses the recent interchange ruling and the next steps for credit unions to expect. More►
  • NCUF Awards $124,961 in Biz Kid$ Grants: Sixteen credit unions received grants to use Biz Kid$ and its curriculum to build financial literacy. More►
  • Women's #1 Priority is Saving for Retirement:CUNA's recent survey finds that, when it comes to finances, women are most concerned about saving for retirement -- not buying a house or paying off debt. More►
  • NCBA Supports Credit Union's Tax Status:The National Cooperative Business Association sent letters to House Ways and Means and Senate Finance committee members urging them to "advocate for the retention of the credit union tax exemption during your deliberations on tax reform." More ►
  • U.S. Household Finances Looking Up: Bloomberg reports that household net worth is at a "record high" and consumer debt-to-income "matched the lowest in 33 years." 
  • Tips on Lending: Credit Union Magazine offers five ways to regain your share of members' loans. More►
  • Coalition Readying Response to Interchange Ruling: While the court's decision won't immediately impact interchange regulations, a broad coalition of finance industry representatives will meet to chart a response. More►
  • Debt Free or Skinny? A new survey found that Americans are more concerned about their waistlines and less worried about their bottom lines. More ►

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