ALEXANDRIA, Va.—The economic rebound hasn’t just goosed CU loan portfolios, its improved the performance of the legacy assets underlying NCUA’s Temporary Corporate Credit Union Stabilization Fund.
Fresh Today
WASHINGTON—In the wake of the 2-1 vote to approve NCUA’s 2015 budget, CUNA and NAFCU have each issued statements critical of the decision.
ARLINGTON, VA.— Following NCUA’s approval of its 2015 budget today, NASCUS is calling for a public comment period over the agency’s overhead transfer rate (OTR).
WASHINGTON—The House of Representatives has released is 2015 schedule and it shows the House will be in recess at the same time credit unions will be in town for CUNA’s Governmental Affairs Conference.
ARLINGTON, Va.—With a sentence that would have been considered a godsend not too long ago, NAFCU noted in its more recent economic analysis that loan growth “has slowed to 9.5% year-over-year.”
DETROIT—An anonymous donor who dropped an envelope filled with $1,000 in cash at a Redford, Mich., office of Community Choice Credit Union is back.
WASHINGTON—The Pew Charitable Trusts has released a report examining mobile remote deposit capture (mRDC).
INDIANAPOLIS—Effective Jan. 6, 2015, Eli Lilly FCU, which is better known as Elfcu, said it will change its name to Elements Financial.
BASEL, Switzerland — The Financial Stability Board—central bankers, finance officials and top regulators from around the world—has announced a proposal that would double the amount of money that large banks would be required to have on hand to absorb losses.
OAKLAND, Calif.—Spectrum CU is offering an eye-popping 7% APY to attract young depositors.