WASHINGTON—Although Congress passed—and the president signed—an extension of the National Flood Insurance Program (NFIP) to May 31 before it was set to lapse in late December, FEMA has notified insurers and insurance agents that it is not able to sell or renew policies backed by the NFIP due to the partial government shutdown.
WASHINGTON—The Financial Stability Oversight Council (FSOC) in its 2018 Annual Report stated that the credit union industry posted relatively strong performance due to solid loan demand and a strengthening economy.
ALEXANDRIA, Va.--NCUA issued one prohibition order and one prohibition notice in December.
WASHINGTON—The FBI is warning about a new form of fraud that targets companies, schools and nonprofits around the United States.
WASHINGTON—Senate Majority Leader Mitch McConnell (R-KY) has rejected the STATES Act, legislation that would allow states to regulate their own cannabis industries without federal intervention.
WASHINGTON–The Government Printing Office Federal Credit Union (GPOFCU) has named a new president/CEO.
PURCHASE, N.Y.—Holiday sales increased 5.1% to more than $850 billion this year, the strongest growth in the last six years, new data show.
REVERE, Mass.–St. Jean’s Credit Union has broken ground on a new branch here that reflects a new service delivery model for the CU.
LONDON—The percentage of payments made with a mobile phone in U.K. stores has jumped from 1.3% in Q3 2016 to 5.6% in Q3 2018, a new report shows.
GRAND RAPIDS, Mich.–CU*Answers has announced the development of an upcoming ‘Micro App’ store for credit unions.
