WASHINGTON—CUNA said it fully supports NCUA’s proposed plan to close the Temporary Corporate Credit Union Stabilization Fund, merge its assets into the share insurance fund and repay credit unions a portions of stabilization fund premiums in 2018.
Fresh Today
Tropical Storm Harvey Coverage: In Texas, Some Employees Find Shelter Inside The Credit Union Itself
PLANO, Texas–Some CU employees are now living at the credit union itself, according to early stories from CEOs at credit unions in hurricane-ravaged Texas.
PLANO, Texas—Although CUs near the Gulf shouldn’t take another big punch from Tropical Storm Harvey, it’s still too soon to say recovery efforts are fully underway.
BIRMINGHAM, Ala./TALLAHASSEE, Fla.—The Southeastern Credit Union Foundation is donating $10,000 to support victims of Hurricane Harvey, while GTE Financial is offering to match member donations.
MADISON, Wis.—Claims from credit unions in the path of Hurricane/Tropical Storm Harvey are already being received by CUNA Mutual Group, which is also taking steps to support those impacted by the storm.
OKLAHOMA CITY, Okla.–Credit unions in Oklahoma, which are served by the Cornerstone CU League that also serves CUs in Texas, have organized a response and are providing assistance following Hurricane/Tropical Storm Harvey.
SAN DIEGO–Perplexed, upset and maybe even angry over the current state of politics and dialogue in the United States right now? You can relax, reassures one person: the country has been here before and emerged in a better place.
SAN DIEGO–What’s going on at the CFPB, and what lies ahead?
WASHINGTON—House Financial Services Committee Chairman Jeb Hensarling (R-TX) has written a letter to CFPB Director Richard Cordray asking about his motives behind the reported rush to finalize the CFPB's payday lending rule and his future at the Bureau.
NEW YORK–More Americans are tapping their (rising) home equity.