e-Weekly

• NCUA – Letter to Credit Unions 09-CU-14 – June 2009
  The Association has prepared a brief summary of Corporate Stabilization Fund Implementation accounting.
  
  
  
• Congress will resume reg reform debate after July 4 break
  Following the Independence Day district work period, Congress is expected to resume its work on financial regulatory restructuring with House Financial Services Committee hearings on the role of the Federal Reserve, derivatives, and general testimony from financiers and leading academics tentatively scheduled for the coming weeks.
  
  
  
• Sprint/Nextel Member Discount Program Announced
  The Credit Union Association of Rhode Island has joined with the Michigan Credit Union League to bring their highly successful Sprint Nextel Credit Union Member discount program to the Ocean State. This win-win program provides significant savings to credit union members that choose Sprint/Nextel for wireless phone service while providing a substantial income stream to the credit union for promoting the service to their members.
  
  
  

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