SEATTLE—NCUA Chairman Rick Metsger said he wants to see at least 200 more credit unions achieve community development financial institution (CDFI) status by year-end.
Fresh Today
SEATTLE–Credit unions were cautioned by a member of Congress that they need to move now to get ahead of a Dodd-Frank requirement that could come back to haunt in a few years.
WASHINGTON–There are no proposed changes to the credit union tax exemption in the latest agenda paper released by Speaker of the House Paul Ryan (R-WI) and House Ways and Means Chair Kevin Brady (R-TX).
WASHINGTON–CUNA is asking NCUA for reassurances the agency will provide assistance with implementation of Accounting Standards Update No. 2016-13, Financial Instruments–Credit Losses, which was recently issued by the Financial Accounting Standards Board (FASB).
WASHINGTON–The National Retail Federation today said Congress should reject a proposal from the chair of the House Financial Services Committee to repeal a cap on debit card swipe fees.
ALEXANDRIA, Va.—PenFed Credit Union has been recognized as the Army Credit Union of the Year as its branch in Fort Hood, Texas, receives the Department of the Army Distinguished Credit Union Service Award.
WASHINGTON–With numbers lower than expected, new home sales declined a bit in May following strong sales during April.
DUBLIN–Ireland’s credit unions were preparing late last week to make a new wave of loans as fans of the country’s soccer team looked to remain in France for the Euro 2016 Championships.
WASHINGTON—Former Secretary of State Hillary Clinton, the presumptive Democratic nominee for president, praised credit unions’ small business lending Wednesday and touted the need for regulatory relief for the industry.
AUSTIN, Texas–Despite long-time efforts by financial institutions to push consumers into e-statements, an enormous-number prefer to get their statements on paper through the mail rather than online