ARLINGTON, Va.—NAFCU has sent a letter to the Federal Communications Commission stating the trade association supports the position the American Bankers Association shared in an August petition sent to the agency.
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ONTARIO, Calif.–The Hawaii CU League is investing in a CUSO that seeks to drive greater back-office efficiencies.
WASHINGTON—Credit Union Student Choice, a provider of higher education financing solutions for credit unions, is reporting it has added two more CUs: the $204-million U.S. Postal Service CU in Clinton, Md., and the $85-million Abbey Credit Union in Vandalia, Ohio.
SEOUL, South Korea—Consumers can get an early look at Samsung Pay by registering for a beta of the system.
ALEXANDRIA, Va.—NCUA said it has improved its Credit Union Locator, the online research tool on the agency’s website that provides detailed information on federally insured credit unions.
LEWISBERRY, Penn.–Members 1st FCU is making a donation to charity after the local Red Land Little League team made it to the finals of the Little League World Series, which is played in Williamsport, Penn.
ALEXANDRIA, Va.—The banking industry is making its opposition to expanded business lending powers for credit unions clear in a wave of comment letters to NCUA that pushes responses to what may be the highest total ever received by the agency.
SOUTHFIELD, Mich.–A credit union-backed program that gained national attention when it was launched during some of the worst days of the financial crisis has come to an end.
ARLINGTON, Va.—NAFCU sees it as a positive step that NCUA is seeking comment on its methodologies for calculating both the overhead transfer rate (OTR) and the federal credit union operating fee.
WASHINGTON—Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is seeking comments concerning revisions of the Interim Rule for the Community Development Financial Institutions Program (CDFI Program).