WASHINGTON—Democracy Federal Credit Union announced that its president/CEO, Kathy Geary, plans to retire.
Fresh Today
SAN ANTONIO–With today the deadline for NCUA’s revised risk-based capital (RBC) proposal, Board Member Rick Metsger told credit unions here he is surprised at the trade groups’ criticisms of what he called a “reasonable, non-partisan compromise proposed by Chairman (Mark) McWatters and I” that affects relatively few credit unions.
AUSTIN, Texas–One of the more unique and exciting meetings in credit unions will kick off this weekend here, with some of the leading success stories in the CU community sharing what they have done and how they have done it.
ALEXANDRIA, Va.–Data for federally insured credit unions as of mid-year 2018 show total assets rapidly approaching $1.5 trillion even as the smallest credit unions continue to decline.
WASHINGTON—The number of lawsuits filed in the first half of 2018 over website accessibility standards under the Americans with Disabilities Act (ADA) already outnumber those filed in all of 2017, a group of senators – led by Senate Judiciary Committee Chairman Chuck Grassley (R-IA) – pointed out to the Justice Department as they push for clarity on the issue.
ARLINGTON, Va.—Total vehicle sales fell for the second straight month in August to a rate of 16.7 million annualized units, but were up 0.8% from the depressed sales figures – as a result of Hurricane Harvey – a year ago.
MASON CITY, Iowa–In conjunction with the in-state rivalry college football game this weekend between the University of Iowa and Iowa State, CENT Credit Union today will be hosting its long-running “CENT Divided Tailgate.
WASHINGTON—Policymakers should cement recent government-sponsored entity (GSE) reforms and look to complete additional necessary reforms, CUNA told the House Financial Services Committee this week.
HONOLULU, Hawaii–Hawaiian Tel FCU has announced a name change. The credit union said it has rebranded as Hawaiian Financial FCU in order to better reflect its changing membership base following a series of recent mergers.
NEW DELHI, India—Berkshire Hathaway, will invest somewhere between $285.4 million to $356.7 million in One97 Communications, the parent company of Indian digital payments provider, Paytm.