WASHINGTON—Mark Calabria, chief economist for Vice President Mike Pence, has been nominated to lead the Federal Housing Finance Agency (FHFA).
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BASEL, Switzerland—The Bank for International Settlements (BIS), the central bankers’ bank, has published a report about Central Bank Digital Currency (CBDC). The conclusion is central banks should proceed with caution.
WASHINGTON–Thousands of furloughed federal workers have applied for help from credit unions, banks, mortgage lenders and other sources after missing their first paychecks on Friday, Jan. 11.
GRAY, Tenn.–Just days after announcing he would be resigning as CEO, Ron Scott of Appalachian Community FCU has been found dead. Washington County Sheriff’s Department Investigator Jeff Miller said the death was under investigation, and more information should be available this week, according to the Johnson City Press.
ARLINGTON, Va.—The National Credit Union Share Insurance Fund will finish 2018 with enough equity to provide credit unions with a distribution in the range of $100 million to $150 million, according to one analysis by NAFCU.
ALEXANDRIA, Va.–Today is the deadline for comment to NCUA on its proposed rulemaking to modernize the Federal Credit Union (FCU) Bylaws. It is the first proposal to update the bylaws since 2007.
ALEXANDRIA, Va.—NCUA will review its 2019 annual performance plan and hold a briefing on the civil money penalty statutory inflation adjustment during its open board meeting Thursday.
WASHINGTON—The Consumer Financial Protection Bureau has released two assessment reports: one on its ability-to-repay (ATR)/qualified mortgage (QM) rule and another on its RESPA mortgage servicing rule.
EDMONTON, Alberta–Servus Credit Union here said it will give away $1 million to one lucky winner this Spring as part of its “The Big Share Contest,” which it described as the biggest of its kind in Canada.
WASHINGTON — Credit Union Student Choice, a provider of higher education financing solutions, said it has partnered with FutureFuel.io FutureFuel.io to bring student loan repayment benefits to credit unions.