WASHINGTON–The American Bankers Association is voicing its opposition to the latest bill in Congress that would raise the member business loan cap for credit unions.
Fresh Today
ALEXANDRIA, Va.—This will be a busy week for credit unions in Washington.
TUSCALOOSA, Ala.–State regulators, who are already operating Alabama One CU under a conservatorship, have now asked a court to disqualify the attorney who is representing former board members and employees who are suing the regulator.
WASHINGTON–Four attorneys who are well known to credit unions have formed a new law, advocacy, and consulting firm called CU Counsel PLLC.
WASHINGTON–Twenty-one credit unions are among the 195 community development financial institutions that have been awarded $202 million in grants and loans as part of the U.S. Treasury Department’s CDFI Fund. Those 21 CUs were awarded a total of $30 million in funds.
VIENNA, Va.—Navy FCU is rolling out Android Pay to its six million members worldwide.
ALEXANDRIA, Va.—NCUA has introduced a Consumer Assistance Center, an online tool that allows consumers to send the agency inquiries, complaints and additional documentation online through a secure portal.
MENASHA, Wis.–Mark A. Jesse, the former president of Menasha Employees CU, has been charged with stealing nearly $50,000 from the credit union.
MADISON, Wis.–The National Credit Union Foundation has released a new video on the cooperative principles for credit union organizations to leverage with their staff, members and community.
ONTARIO, Calif.–In the 12 months ended June 30, the 375 CUs in California and Nevada, combined, experienced an aggregate 4%increase in membership, or about 413,000 new people.