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Bankers contend NCUA already violating law in FOM expansions

first_img continue reading » 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The NCUA already is using its new—and illegal– Field of Membership rules to greatly expand the reach of specific credit unions, the American Bankers Association said Tuesday, in its lawsuit against the agency.The ABA contends that the NCUA has approved expansions that “are not limited to a single ‘well-defined local community, neighborhood, or rural district,’ as required by the Federal Credit Union Act,” the ABA said.In October, the NCUA board approved rules that board members said would provide credit unions with more flexibility to determine their fields of membership. Then-board Chairman Rick Metsger said the rules would make it easier for people to gain access to affordable financial services.last_img read more

Antique short film to represent WV in national tilt

first_imgThe voting period for the short filmstarted last Oct. 7 and will end noontime of Oct 22.(With a report from PNA/PN) She called for the support of thepublic as the four-minute, 30 seconds film will compete with entries from otherregions. SAN JOSE, Antique – The movie “Be theChange” of the Antique National School (ANS) students will represent WesternVisayas to the national Consumer Welfare Month short film competition on theSustainable Consumption category of the Department of Trade and Industry (DTI). DTI provincial information officerLynna Joy Cardinal said the film, produced by ANS Grade 11 students underadviser Christine Cepeda, won the DTI regional competition last Sept. 23. Lynna Joy Cardinal, information officer of the Department of Trade and Industry (DTI), says the movie “Be the Change” of the Antique National School students will represent Western Visayas to the national Consumer Welfare Month short film competition on the Sustainable Consumption category of the DTI. ANNABEL CONSUELO J. PETINGLAY/PNA As part of the competition, thestudents and their adviser will face the judges for an interview on Oct. 23 inManila. “The awarding will be held on Oct. 24 at the Philippine InternationalConvention Center in Pasay City,” she added. “The short film deals with the storythat through small things we do like properly disposing our wastes, we cancontribute to the preservation of our environment,” Cardinal said on Friday. Felisa Beriong, officer-in-charge ofthe Department of Education Office of the Schools Division Superintendent inthe province, issued a memorandum last Oct. 14, calling for the support on theshort film. “Fifteen percent of the total score inthe competition will depend on the number of ‘Likes’ of the video from (thesocial media) page so that we are really asking for the support of theconsumers,” Cardinal said.last_img read more