ALEXANDRIA, Va.—During today’s NCUA open board meeting agency staff are scheduled to deliver a briefing on Corporate System Resolution Update, while its 2022-2026 strategic plan is to be discussed.
Fresh Today
LONE STAR, Texas–Ten more credit unions have announced they are seeking member approval for mergers, and are citing limited resources, financial losses, retirements and other reasons for seeking to combine.
ST. PETERSBURG, Fla.—Despite Russia’s invasion of the Ukraine sparking economic ripple effects around the world, member spending remained strong in February, according to the March edition of the PSCU Payments Index.
WASHINGTON—Key aspects of NCUA’s regulations on loan participations are the subject of a new letter from NAFCU to the agency.
LOS ANGELES–LAFCU has taken home to Lansing, Mich., the Diamond Best of Show Award – the highest honor—from the CUNA Marketing & Business Development Council’s Diamond Awards competition.
ALPHARETTA, Ga.–To address what one company said is a growing interest rate risk threat that is going to start appearing in NCUA’s NEV tests as rates rise, a new Capital Market CD (CMCD) program has been introduced that has NCUA’s support.
ARLINGTON, Va.–TheNational Cooperative Bank, which serves cooperatives and socially responsible organizations, has announced a $4.5 million participation in $10 million of secondary capital investments to CBC Federal Credit Union in Ventura County, Calif. NCB said it partnered with Inclusiv on the investment.
CHICAGO–Credit Union 1 has selected design/build firm DEI to oversee the development of several new locations in Illinois and Indiana.
SNELLVILLE, Ga.–In honor of Women's History Month, the African American Credit Union Coalition said it will hold its next Commitment to Change conversation, titled Extraordinary Women in Leadership, on March 16.
SANTA ROSA, Calif.–Redwood Credit Union and Napa Valley Community Foundation (NVCF) have entered into what they said is a first-of-its-kind partnership that aims to accelerate the adoption of accessory dwelling units (ADUs) in Napa and Sonoma counties.