ARLINGTON, Va.–With the NCUA Board holding a board briefing tomorrow on whether to add an “S,” for sensitivity to market risk, to its CAMEL ratings, NASCUS President and CEO Lucy Ito is urging the agency to make the move to add the “S” “earlier rather than later.”
Fresh Today
ALEXANDRIA, Va.—The $20-billion PenFed Credit Union is absorbing Alamo Federal Credit Union in San Antonio via a merger.
ST. LOUIS–Legislation has been signed by Missouri Gov. Jay Nixon (D) that will allow prize-linked savings accounts to be offered in the state. The Missouri Savings Promotion Act will become law in Missouri on August 28.
DES MOINES, Iowa–When it comes to the emerging blockchain technology, rather than asking, “How can we use blockchain in our business?” financial institution leaders should first ask, “What are the problems we want to solve?”
AURORA, Colo.–The $176-million Fitzsimons Credit Union has named its new CEO.
MADISON, Wis.–Credit union development educators, or CUDEs, are participating in a day of service in a variety of ways across the country and the world today.
MADISON, Wis.—Summit Credit Union’s eighth-annual Project Money program—a reality-based financial challenge—is underway.
BROOKLYN, N.Y.–Polish & Slavic FCU has awarded $315,000 to 311 students as part of its annual scholarship program.
NEW YORK–The National Federation of Community Development Credit Unions and Equifax Inc. have announced a partnership to build the Westside Financial Capability Center.
AUSTIN, Texas–A company has been launched here called the Golden Contract Coalition that it says is an “alliance of community banks, credit unions and key players from within the banking community, charged with addressing core vendor contract disparities from one institution to another.”