LANSING, Mich.–Dave Adams, the long-time president and CEO of the Michigan Credit Union League, has resigned, but will continue to lead the league’s CUSO.
Fresh Today
MARLBOROUGH, Mass.–St. Mary’s Credit Union has named a new president/CEO, the first woman to lead the organization in its 108-year history.
ST. PETERSBURG, Fla.–Trellance said it will host its Spring Summit, themed “Rise to New Heights,” as an in-person event from May 12-14. The meeting will be held at the Vinoy Renaissance St. Petersburg Resort & Golf Club the downtown waterfront district of St. Petersburg, Fla.
NEW YORK–Credit unions that plan to allow employees to make their own choices about working from home or working in the office should be aware of two potential problems, according to one researcher.
NAIROBI, Kenya--Microsoft East Africa, through the support of its 4Afrika initiative, has signed a Memorandum of Understanding (MoU) with the World Council of Credit Unions (WOCCU) to help accelerate digital transformation within the Savings and Credit Cooperative (SACCO) sector.
OKLAHOMA CITY, Okla.–Fourteen years after a research project was launched that offered $1,000 to the families of newborns to open a college savings account in the child’s name, the results are starting to be seen.
HENDERSON, Nev.–Today’s credit unions look nothing like they did in1971, and who knows what 2071 holds, so the best response is to just keep on fighting, according to one CU CEO.
WASHINGTON—The Consumer Financial Protection Bureau has formally delayed the mandatory compliance date of the General Qualified Mortgage (QM) final rule to Oct. 1, 2022 from July 1, 2021.
MADISON, Wis.–The CU industry loan-to-share is expected to hit an eight-year-low, and yield-on-assets ratio should hit an all-time low by year end, according to a new forecast from CUNA Mutual. ROA is also expected to decline.
WASHINGTON—The Federal Open Market Committee (FOMC) will hold the second day of its two-day meeting today and is expected to adjourn by holding the federal funds target rate range at its current 0% to 0.25% for the foreseeable future.