WASHINGTON—The House has passed its version of the fiscal year 2021 spending package, which included $273.5 million for the Treasury's Community Development Financial Institutions (CDFI) Fund and $2 million for the NCUA's Community Development Revolving Loan Fund (CDRLF).
KINGSTON, Jamaica–In a first-of-its-kind move, Jamaica’s largest credit union has introduced shares on the main market of the Jamaica Stock Exchange.
NEW YORK–Inclusiv said its annual conference, which had to be cancelled earlier this year due to the coronavirus, has now been made a virtual event scheduled for Oct. 28 from 10 a.m. to 4 p.m. ET. The event is free.
WASHINGTON—Representatives of CUNA and several state leagues met with Sen. Kevin Cramer (R-ND) to discuss credit union involvement in the Paycheck Protection Program (PPP) and his proposed bill to forgive most PPP loans.
COLLEGE PLACE, Wash.–Six small credit unions in Washington are offering personal, unsecured loans that will provide help with the cost of first and last month's rent, plus security deposit.
OAK RIDGE, Tenn.–Two Tennessee credit unions have completed a merger.
BEAUMONT, Texas–Leadership changes have been announced at several credit unions.
WASHINGTON–There are “strong indicators of widespread potential fraud”—including as much as $45 billion in duplicative payments—in the SBA’s Economic Injury Disaster Loan (EIDL) and Advance Grant program, according to a new report from the agency’s Office of Inspector General.
WASHINGTON—The latest economic numbers for the United States may it clear more help for everyday Americans is going to be needed from Congress, according to one analyst.
WASHINGTON—CUNA and NAFCU have joined with seven other financial services trade groups to oppose the inclusion of a proposed amendment that would create a postal banking pilot program in the fiscal year 2021 Financial Services and General Government (FSGG) bill.
