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ALEXANDRIA, Va.–The number of CAMEL Code 4 and 5 CUs that are federally insured declined by 25% in the third quarter over one quarter earlier.

What’s in a name? Well, only everything and nothing. It’s according to your situation. There was a day when Yellow Page position was top priority, thus AAA names were king. These days, names run the gamut from straightforward to completely obscure.

GRAND RAPIDS, Mich.–CU*Answers has promoted Esteban Camargo to the new role of Manager of Communications and Content Marketing.

PORTLAND, Maine–At Portland High School, the Maine Credit Unions’ Campaign for Ending Hunger made a $25,000 contribution to help support efforts to fight childhood hunger in Maine.  

ALEXANDRIA, Va.–By a 2-1 vote, the NCUA board has approved the revised risk-based capital rules for credit unions, over the protests of at least one CU trade group and several members of Congress.

ALEXANDRIA, Va.—While the NCUA board Thursday approved a final risk-based capital rule, before CUs must comply with the new net worth guidelines in 2019, Congress could step in to delay, alter or remove the rule.

WASHINGTON—The Pentagon Federal Credit Union Foundation (PenFed Foundation) announced it will honor former Secretary of State George P. Shultz with the American Hero Award at its second annual Night of Heroes Dinner on Tuesday, Oct. 27, 2015 at the Los Altos Golf & Country Club in Los Altos, Calif.

ALEXANDRIA, Va.—Credit unions and trade groups, as well as Board Member Mark McWatters, have challenged NCUA’s legal authority to create a two-tier risk-based capital rule. NCUA Chairman Debbie Matz readdressed that issue Thursday.

ARLINGTON, Va.–Shortly after the NCUA board voted 2-1 in favor of implementing its risk-based capital proposal, NAFCU CEO Dan Berger said the association will continue to work to “make a bad rule better.”