WASHINGTON–Three credit union trade association executives have authored a rebuttal to an opinion piece published by Military Times that called for an end to the credit union “monopoly” on branches on military bases.
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WASHINGTON—Warning that "in their current condition, Fannie and Freddie will fail in a downturn," Federal Housing Finance Agency (FHFA) Director Mark Calabria stressed the importance of reforming the government-sponsored enterprises (GSEs).
NEW YORK—The U.S. District Court for the Southern District of New York has ruled against the Office of the Comptroller of the Currency (OCC) in a dispute over the legality of the regulator's fintech charter.
WASHINGTON—CUNA said it remains committed to working with Congress and the administration to refine and build upon housing finance reform proposals to ensure a strong and sustainable secondary mortgage market that ensures the availability of affordable housing.
GREENFIELD, Wis.–One man was killed and another injured here as part of utility work near a facility of Landmark Credit Union that is under construction. According to Greenfield police, the cause of the death and the injury was electrocution.
MADISON, Wis. – Credit union data analytics firm AdvantEdge Analytics has launched a Consulting Services business line.
ALTUS, Okla.–A former credit union employee has been arrested on charges of allegedly embezzling $55,000.
LONDON–Prize-linked savings accounts have spread to the United Kingdom’s credit unions.
ROCHESTER, N.Y.–ESL Federal Credit Union said it is making a charitable donation to provide a $5 million grant to United Way of Greater Rochester to support people in the Rochester community in addressing barriers related to poverty and improving quality of life.
DENVER, Colo. — Twenty-seven people here have been charged with participating in a crime ring that targeted an elderly woman’s finances and included banks and credit unions among the financial institutions targeted.