ALEXANDRIA, Va.–Democracy Federal Credit Union is among the most recent credit unions to launch an initiative to support their communities in response to the pandemic.
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WASHINGTON — The Treasury Department is scrambling to figure how it can recover potentially hundreds of millions of dollars in Paycheck Protection Loans that instead of going to the intended mom-and-pop businesses went to huge companies, including one very-well known employer of Lebron and the Brow.
MADISON, Wis.–The theme for International Credit Union Day 2020 has been announced: “Inspiring Hope for a Global Community.”
WASHINGTON–NCUA has told credit unions that the Small Business Administration's Paycheck Protection Program would restrict loan applications to institutions of $1 billion or less in assets from 4 p.m. to 11:59 p.m. ET on Wednesday.
DONELSON, Tenn.–Six weeks after a tornado destroyed the corporate offices and a branch of Enbright Credit Union, it is sharing its story of how it has been able to recover and return to serving members even as the coronavirus pandemic has complicated the challenge.
WASHINGTON–The National Credit Union Foundation has released its “Impact Report” for 2019. The report seeks to document the work the Foundation accomplished last year in serving as a catalyst for change in the credit union movement, in said.
SEAFORD, Del.–Allen Riley, VP-operations with Tidemark Federal Credit Union, has died. Mr. Riley had a long careSEAFORD, Del.–Allen Riley, VP-operations with Tidemark Federal Credit Union, has died. Mr. Riley had a long career in credit unions.er in credit unions.
WASHINGTON–Attorneys General from 22 states have sent a joint letter to the three primary credit reporting agencies seeking to remind the companies of their obligations during the COVID-19 pandemic to comply with the Fair Credit Reporting Act.
ARLINGTON, Va.—As NAFCU sends out voting ballots for its 2020 board elections, one of the at-large board elections in the Western Region has concluded, with Lisa Schlehuber, CEO of Elements Financial FCU in Indiana, elected to finish her final year.
WASHINGTON—CFPB Director Kathy Kraninger has sent a letter to Federal Communications Commission (FCC) Chairman Ajit Pai urging the FCC to expedite its declaratory ruling to allow financial institutions to contact consumers on matters related to the coronavirus pandemic during the national emergency.