WASHINGTON—NAFCU, CUNA and the Defense Credit Union Council have written to the Senate Armed Services Committee ahead of the full committee markup of the fiscal year 2022 National Defense Authorization Act (NDAA) to repeat their call to protect credit union nominal leases on military installations and prevent efforts to allow all banks to operate rent-free on military bases.
Fresh Today
SANTA CRUZ, Calif.–More than 600 people have signed a petition asking the board of Santa Cruz Community Credit Union to rethink the sale of its downtown branch to developers who plan to use the site for a hotel.
MADISON, Wis.—A business case for the economic empowerment of women was made during a virtual Global Women’s Leadership Network (GWLN) Forum.
MADISON, Wis.–A diverse panel of leaders have shared their thoughts on what the credit union community has to do to ensure women take their rightful place in the leadership ranks.
WASHINGTON—Expectations for full-year 2021 real GDP growth of 7% were little changed from the previous outlook, but meaningful “compositional and temporal shifts” are now projected for the underlying sources of economic growth, according to the July 2021 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
TEMPE, Ariz. –TruWest Credit Union is reporting it has added a new feature for members with direct deposit: the ability to get their funds up to two days earlier at no cost.
SACRAMENTO, Calif.–California’s credit unions are preparing for a new inflow of deposits, this time courtesy of stimulus payments from the state.
WASHINGTON–The federal government is expanding to three cities a project aimed at bringing diverse inclusion and participation in the economy.
SAN RAMON, Calif.–Patelco Credit Union said it is making banking even sweeter at its new City Center Bishop branch by partnering with a Sprinkles bakery on a first-of-its-kind branch space. The space combines financial services with a community room that opens into the cupcake bakery, the credit union said. The bakery will open in the fall.
TYSONS, Va.–PenFed Credit Union said the second quarter of this year was the strongest quarter in its 86-year history.
