WASHINGTON--In light of an increase in charter applications from nonbank digital asset firms, the Independent Community Bankers of America (ICBA) urged the Office of the Comptroller of the Currency to keep in mind several key principles when considering such applications.
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ALEXANDRIA, Va.--Credit unions can register for a July 15 webinar hosted by the National Credit Union Administration focused on credit risk. The session will provide key insights for boards of directors and management teams on how to identify, monitor, and manage credit risk within their institutions.
LIBERTY LAKE, Wash.—Lindsey Myhre has been named president and CEO of STCU, the $5.9-billion credit union announced.
WAYNESBORO, Va.— DuPont Community Credit Union has tapped Barry Smith to take over next year for retiring CEO Steve Elkins, The Daily Progress reported.
BEAUMONT, Texas – Maxine Snodgrass has been sentenced to federal prison and ordered to pay restitution for stealing from her credit union employer, the Department of Justice announced.
SOUTH BURLINGTON, Vt.—The $1-billion Vermont FCU here and $82-million Credit Union of Vermont, based in Rutland, Vt., intend to merge, the organizations announced.
ALEXANDRIA, Va.—NCUA Thursday announced the next step in its plans to voluntarily review agency regulations to identify rules that are outdated, unnecessary, and unduly burdensome to federally insured credit unions.
SAN ANTONIO—The SWBC Foundation has donated $100,000 to the Kerr County Flood Relief Fund, managed by the Community Foundation of the Texas Hill Country.
MCLEAN, Va.--The 30-year fixed-rate mortgage moved up this past week, averaging 6.72%, Freddie Mac reported.
WASHINGTON—The battle to preserve the credit union tax exemption this year may not be fully settled.