WASHINGTON—Congress must take legislative action to ensure credit unions remain in a position to serve their more than 120 million members, CUNA wrote to Senate Banking, Housing, and Urban Affairs Committee leadership.
Fresh Today
NEW YORK–Forget looking at what’s under the hood. For an increasing number of economists, used car prices is the index getting the most scrutiny when it comes to inflation.
MADISON, Wis.–Filene is strongly encouraging credit unions to participate in a new survey around data analytics readiness it said will take approximately 10-15 minutes to complete.
ONTARIO, Calif.–Origence has announced a number of new updates to its series of webcasts, nearly all related to auto lending.
HOUSTON, Texas—Energy Capital Credit Union has named a new president and CEO.
MADISON, Wis.— CUES is reporting it is celebrating Learning & Development month during October with activities designed to help members enhance skills and achieve their professional development goals.
WASHINGTON–New federal data that reviewed 23% of all residential mortgage debt outstanding at the end of Q2 2020—the first quarter of the COVID-19 pandemic–shows showed that 95% of loans were current and performing at the end of Q2 2020, up from 91.1% at the end of Q2, the first quarter of the COVID-19 pandemic.
PURCHASE, N.Y.–After primarily being the domain of start-ups and fintechs, a major player is planning to enter the buy now, pay later financing space: Mastercard.
NAPA, Calif.— NCUA Board Member Rodney Hood shared his thoughts on resiliency in the credit union community and by offering a regulatory update during the first day of ALM First’s Financial Forum here.
ARLINGTON, Va. — The National Association of State Credit Union Supervisors (NASCUS) has issued a statement in support of a recent NCUA board vote related to a state-specific law for Oregon’s state-chartered CUs and member business loans, and said the federal agency should continue to look to state regulators for innovative approaches.