ALEXANDRIA, Va.—NCUA Chairman Debbie Matz Tuesday is encouraging credit unions to use the agency’s financial literacy resources during Financial Literacy Month to help members better manage and protect their finances.
Fresh Today
COSTA MESA, Calif.—Compared with the overall small business population, minority-owned small businesses are slightly behind when it comes to credit management, a new study shows.
BISMARCK, N.D.–North Dakota’s state regulator has sent a comment letter to NCUA in which he outlines ways in which the agency can correct what he sees as weaknesses in the current overhead transfer rate (OTR) methodology, which is used to determine funds transferred from the NCUSIF to NCUA’s operating budget to reflect the cost of examining state charters.
WASHINGTON—CUs are showing “unusually” strong loan growth in the first two months of the year, while savings increases are off last year’s early pace, according to CUNA’s latest data on credit unions.
ARLINGTON, Va.—NAFCU has sent a letter to NCUA restating concerns it has about the agency’s 2017-2021 Draft Strategic Plan.
WASHINGTON–The Senate today will hold a hearing titled “Assessing The Effects Of Consumer Finance Regulations,” and both NAFCU and CUNA will be closely following the proceedings.
ARLINGTON, Va.—NAFCU has strongly urged the Financial Standards Accounting Board to issue an updated exposure draft for public comment before it finalizes its credit losses standard.
MADISON, WIS.—Filene Research Institute is now seeking applicants from the United States and Canada to participate in its Filene i3 innovation program, an intensive, 24-month curriculum designed to “generate groundbreaking new ideas and position participants to carry the torch for growth and innovation in the credit union market.”
ARLINGTON, Texas–Texas Trust Credit Union has won the Carat Award, along with a Diamond Award, for the credit union marketing campaign that achieves the greatest impact out of all the Diamond award winners. The award was presented by the CUNA Marketing & Business Development Council.
WASHINGTON—CUNA said it will soon unveil an online “calculator” to allow credit unions to determine the costs regulations are having on their CU.