ALEXANDRIA, Va.–NCUA Board Member Mark McWatters is calling for additional steps to address what he said are “deficiencies” in NCUA’s examinations appeals process.
Fresh Today
ARLINGTON, Va.–Ken Robinson, the long-time president of NAFCU who led the organization during challenging times for federal credit unions during the late 1990s, has died.
WASHINGTON—NAFCU will be watching this week’s Senate hearing on the U.S. Postal Service to see if any implications for financial institutions arise.
FENTON, Mo.–In the months before he was arrested, the former CU CFO here who allegedly embezzled as much as $20 million used those funds to significantly overpay for a number of properties.
GLEN FALLS, N.Y.–The former CEO of Parks Heritage FCU has been sentenced to 30 days in jail and five years’ probation after being found guilty to stealing more than $8,000 from the credit union. He must also pay restitution of $8,070.
BOSTON—This year expect greater challenges in the payments space but look for alternative lenders to face significant headwinds.
COLUMBIA, S.C.—SAFE Federal Credit has paid members a 20% share/certificate bonus dividend and a 7% interest rebate, returning $2 million in all to members.
MADISON, Wis.–Credit union organizations can now apply for a Biz Kid$ Financial Education Grant from the National Credit Union Foundation through March 31.
DES MOINES, Iowa–The Iowa Credit Union Foundation (ICUF) and a number of Iowa credit unions have entered into a partnership with financial literacy expert Adam Carroll to help combat student loan debt in Iowa.
WEST PALM BEACH, Fla.–PBC Credit Union here has unveiled a new name.