MADISON, Wis.—CU loan balances were up slightly in October, while membership gains slowed, according to CUNA Mutual Group’s latest Trends Report.
Fresh Today
ARLINGTON, Va.—Interest rates and asset yields are the issues credit union leaders are most optimistic about for 2019, while the economy remains the biggest worry, according to a new report.
WASHINGTON––The Financial Stability Oversight Council (FSOC) is again encouraging Congress to ensure NCUA and other agencies have adequate examination and enforcement powers over third parties, especially when it comes to cybersecurity.
COLUMBUS, Ohio–The Ohio Credit Union League is reporting more than $100,000 has been raised for the family of a 34-year-old employee who recently died.
WASHINGTON–Three federal agencies have announced their approval of an option for financial institutions to phase in over three years the day-one regulatory capital effects of the “current expected credit losses” (CECL) accounting standard.
BENTONVILLE, Ark.––Many shoppers on Walmart.com over the holidays found an extra item slipped into orders: an empty Walmart gift card.
WASHINGTON—The U.S. economy grew a downwardly revised 3.4% in the third quarter, according to the Commerce Department's third and final estimate.
WESTBURY, N.Y.–Credit unions in New York and New Hampshire are welcoming new CEOs, and in both cases they are replacing predecessors who have held the job for the past 32 years.
ADDISON, Texas–Integrated Lending Technologies (ILT) and Digital Matrix Systems (DMS) reported they have partnered to enhance the product offerings for ILT’s suite of loan origination software.
TUKWILA, Wash. — After reviewing more than 600 nominations from its members, BECU said it has distributed more than a half-million dollars to the recipients of its 2018 People Helping People Awards.