ALEXANDRIA, Va.—The NCUA board Thursday unanimously approved a proposed rule to change the maturity requirements for subordinated debt notes and grandfathered secondary capital under the NCUA’s current subordinated debt rule.
Fresh Today
ALEXANDRIA, Va.–The National Credit Union Share Insurance Fund had a generally strong second quarter in 2022, with few CU failures and $73.6 million in net income.
ALEXANDIA, Va.—The NCUA board today will vote on two proposed rules.
WASHINGTON–U.S. consumers are once again adding new credit card debt by the billions racking up $67.1 billion during Q2 2022, according to WalletHub’s latest Credit Card Debt Study, which also offers insights into trends on card pricing, fees and performance.
WASHINGTON–The nation’s community banks share at least one position in common with credit unions.
WASHINGTON—“Major opposition” is being expressed by NAFCU to the recently introduced House version of the Credit Card Competition Act of 2022.
NORTH LIBERTY, Iowa–GreenState Credit Union said it has eliminated 42 jobs, citing a decline in loan applications in certain areas.
CENTURY, Fla.–Alabama-based All In Credit Union has acquired a branch of Pensacola, Fla.-based Pen Air FCU here in this town that lies on the Florida/Alabama border in the panhandle region.
MANCHESTER, N.H.–The nation’s oldest credit union, St. Mary’s Bank recently created the 603 Account, a unique checking account that benefits both those who open—or convert to—this account and New Hampshire non-profits.
WASHINGTON—NAFCU is pressing Congress to push the nation’s biggest banks for greater transparency.