WASHINGTON—President Biden has nominated Sandra Thompson to serve a full five-year term as director of the Federal Housing Finance Agency (FHFA).
Fresh Today
SIOUX FALLS, S.D.–A CUSO and a hockey team here have issued a joint statement apologizing for an event during which teachers got on their knees on an ice rink and tried to grab dollar bills for their classrooms, video of which went viral and drew criticisms and was mocked around the world.
ALEXANDRIA, Va.–More than half of all federally insured credit unions had fewer members at the end of the third quarter of 2021 than they had one year earlier, most of which were smaller CUs.
WASHINGTON–The Washington Post editorial board is calling for regulators to take a new approach to do the “right thing” and act on overdraft fees, saying waiting on banks and credit unions to do the right thing will take too long.
WASHINGTON—Eighty-four credit unions have in total received more than $2 billion in long-term secondary capital loans from a Treasury Department program.
ST. PETERSBURG, Fla. — PSCU has announced a patronage dividend for the 2021 fiscal year of $17.8 million, with 30% being distributed in cash.
MADISON, Wis.–Mergers have been announced in four states.
WASHINGTON—NAFCU wrote to the Senate Banking Committee ahead of a hearing on stablecoins saying credit union and others need “rules of the road.”
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has identified six regulatory activities for 2022 on which it plans to take “key” actions.
LOUISVILLE, Ky.–The Kentucky Credit Union League said it has partnered with the Kentucky Education Workforce Development Cabinet to provide students a pathway into the financial services industry.