WASHINGTON—The House has voted in favor of the Risk-Based Credit Examinations Act of 2017 (HR 3911).
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MADISON, Wis.–The National Credit Union Foundation has released a full description of why Angel V. Castro has been selected as a winner of a 2018 Herb Wegner Memorial Award for Outstanding Individual Achievement.
MADISON, Wis. – A grant from the National Credit Union Foundation helped BECU to host financial reality fairs leveraging the Bite of Reality App and reach more than 7,000 high school students in one day.
SAN FRANCISCO—What do consumers want more of these days? Luxury cars, according to a new report.
HERNDON, Va. – NACHA—The Electronic Payments Association, has released the results of two recent studies that explore the role that direct withdrawal via ACH plays in nonprofit donations. The findings conclude that using ACH leads to more frequent and higher-dollar contributions from sustaining donors.
LONDON–The BBC is running a series of short documentary reports called “A Matter of Life and Debt” that highlights credit unions.
LYNCHBURG, Va.—The Virginia Credit Union League and Wisconsin Credit Union League are the latest to announce they will participate in legal action against Equifax as a result of the data breach announced earlier this year, CUNA reported.
BOSTON–A bill in the Massachusetts legislature would allow state chartered banks to convert to a credit union charter or merge into a credit union. Such a change might pave the way for credit unions to acquire banks in the state.
GREENWOOD VILLAGE, Colo.–Mortgage origination costs have gotten higher in 2017, and one analysis suggests the trend will only continue in 2018.
WASHINGTON—NAFCU said it continues to monitor the House Ways and Means Committee this week as members review the tax bill, the Tax Cuts and Jobs Act (HR 1). After two days of amendments, the credit union tax exemption remains untouched, the trade association reported Wednesday.