WASHINGTON—NAFCU and CUNA applauded the introduction of a new bill that would allow credit unions of all charter types to add underserved areas to their fields of membership.
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WASHINGTON—NCUA has extended the deadline to comment on Call Reports to Aug. 15.
ALEXANDRIA, Va.—The Financial Stability Oversight Council’s 2016 annual report reaffirms the Council’s recommendation for granting NCUA authority to oversee third-party vendors, NCUA Board Chairman Rick Metsger said Tuesday.
RANTOUL, Ill.—Credit Union 1 has become the second privately insured credit union approved for membership in the Federal Home Loan Bank (FHLB) system, according to a new report.
PURCHASE, N.Y.—In partnership with MasterCard, Microsoft Tuesday launched Microsoft Wallet to Windows insiders with general availability coming later this summer, MasterCard stated.
NEW YORK–Commercial real estate prices are projected to fall as much as 5% in the next 12 months amid tightened regulations, a wall of debt maturities and property sales by publicly traded landlords, according to a new report by Pacific Investment Management Co. (PIMCO).
RALEIGH, N.C.—The North Carolina Senate Finance Committee met last week to consider a proposed bill that would, among other things, clarify the state’s regulation of virtual currency and distributed ledger-related businesses.
BISMARCK, N.D.–The Credit Union Association of the Dakotas has introduced a new “Member Engagement Rewards Program,” or MERP. According to the association, the program initiative amounts to $10,000 in member rebates and rewards for credit unions engaging in CUAD activities and programs, MERP has been in the works since the middle of 2015, according to CUAD.
BELFAST, Ireland–More than 100 women from around the world are expected to convene for the Global Women’s annual Forum event, which will be held as part of the 2016 World Credit Union Conference here.
LANSING, Mich.– CU Solutions Group, in collaboration with the Michigan Credit Union League, CUNA and League InfoSight, has introduced DestinationCompliance, a single online portal through which credit unions can access all the support, insight, education and tools needed to help meet regulatory requirements, the company said.