ALEXANDRIA, Va.–They may hail from different political parties and have different philosophies, but all three NCUA board members agreed the one issue that keeps them up at night is cyber-threats to credit unions. A member of NCUA’s staff said they have reason to lie awake.
ARLINGTON, Va.—The rising-interest-rate environment has credit union leaders more confident about the economy and the future of their credit unions, NAFCU’s latest Credit Union Sentiment Index (CUSI) reveals.
WASHINGTON—Expectations of aggressive monetary policy tightening through 2023 by the Federal Reserve are likely to further soften economic output already being weighed down by decades-high inflation and the ongoing effects stemming from the Russian invasion of Ukraine, according to the April 2022 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
ALEXANDRIA, Va.—Thursday’s NCUA board agenda is a light one, with two briefings scheduled.
WASHINGTON–The U.S. Postal Service (USPS) said it will continue its pilot of financial services through post offices even as response has been underwhelming at best and its or regulatory commission continues to question its legality.
WASHINGTON–Consumers in America’s rural communities lack access to physical financial institution branches, are more likely to seek credit from nonbanks, and are heavily affected by medical bills, according to a new report from the Consumer Financial Protection Bureau.
MANCHESTER, N.H.–The CEO of the oldest credit union in the U.S. has announced plans to retire.
PHILADELPHIA–A new analysis from The Pew Charitable Trusts offers a demonstration of how payday lenders are partnering with FDIC-supervised banks to issue loans that bypass state laws and consumer safeguards in states that prohibit payday lending or allow it with consumer safeguards in place.
DALLAS– The Credit Union Women’s Leadership Alliance (CUWLA), which was created to provide opportunities for professional growth to women CEOs at CUs of $300 million or below, has launched “CUWLA Coaching.”
LAKE CHARLES, La.–With plans to expand and add a number of ATMs after obtaining a new residential common bond state charter, Southwest Louisiana Credit Union here has partnered with Dolphin Debit for ATM management services.
