WASHINGTON–Candidates who were backed by credit unions in this week’s primary races and run-offs all either won their races or are headed to a run-off.
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ALEXANDRIA, Va. – Low-income credit unions interested in applying for Community Development Revolving Loan Fund grants can begin submitting applications July 1, according to NCUA.
BOSTON–The uncertainty surrounding services to this state’s recreational marijuana industry—as well as the industry itself—has only grown following a ruling allowing Massachusetts’ cities and towns to delay allowing pot-related businesses to open.
WASHINGTON—NAFCU has met with a congressman to talk about the CU tax exemption, while three CUNA execs met with the NCUA chairman to talk reg burden.
MADISON, Wis.–Two new white papers have been published by two different CUNA Councils.
EDMONTON, Alberta–Servus Credit Union here announced it has entered into a three-year deal with the Edmonton Eskimos of the Canadian Football League to become the official “un-bank” of the Green and Gold and 2018 Grey Cup Festival.
WASHINGTON—What are the Top 10 most expensive natural person CU failures of all-time?
BASEL, Switzerland—The Bank for International Settlements (BIS), which serves central banks in their efforts to promote monetary and financial stability, is arguing permissionless cryptocurrencies are not suited to serve as the basis of a monetary system, although the bank acknowledges there are niche areas where cryptocurrency can provide improved efficiencies.
WASHINGTON–The House has passed a bill containing a provision that delays implementation of NCUA’s risk-based capital rule.
MADISON, Wis.–Total borrowing at credit unions was up 1.1% in April over one year earlier, while the pace of new credit union memberships cooled a bit over the previous month, with CU membership up a modest 358,000.