WASHINGTON—Sen. Mike Rounds (R-SD), a member of the Senate Banking Committee, and Sen. Angus King (I-ME) have reintroduced legislation that would make permanent the CFPB’s Credit Union Advisory Council and also establish a small business advisory board at the bureau.
ONTARIO, Calif.—Vero, LLC, a subsidiary of CU Direct, and Allied Solutions announced they have entered into a new strategic partnership for the delivery of innovative solutions to both the credit union and auto dealer markets.
MADISON, Wis./WASHINGTON –The new CUNA CEO Council said it will host its first-ever conference at the Hotel del Coronado in Coronado, Calif., Oct. 16-18.
COLUMBUS, Ohio–Corporate One FCU, the League of Southeastern Credit Unions & Affiliates (LSCU), and the Mississippi Credit Union Association (MSCUA) said they have partnered to award scholarships to three credit union professionals to attend the 2017 National Youth Involvement Board (NYIB) conference in Boston July 24-27.
WASHINGTON—During an event at the Urban Institute in Washington this week, NAFCU's Ann Kossachev highlighted credit union lending in the manufactured housing market and the approach the government-sponsored enterprises should take as they move into serving this and other underserved markets.
ALEXANDRIA, Va.–The NCUA board today will consider a proposal for public comment on closing the stabilization fund and setting the share insurance fund normal operating level, as well as address Share Insurance Fund equity distributions.
WASHINGTON—Sen. Dean Heller (R-NV) reaffirmed the Republicans' plan to release tax-reform legislation around Sept. 1 during a hearing this week held by the Senate Finance Committee.
KNOXVILLE, Tenn.–A letter from Matthew Yussman, the credit union CFO who was abducted in his home as part of a robbery attempt in 2015, was read before a court here during a sentencing hearing of one of the men convicted of the crimes.
ARVADA, Colo.–The $340-million Partner Colorado Credit Union has created Safe Harbor Services, LLC, a company to sell and distribute its Safe Harbor cannabis banking program.
WASHINGTON–A Senate committee will hear today from a credit union exec with a message that if Congress doesn’t get secondary market reform right, many credit unions will not be able to make home loans to members.
