WASHINGTON—CUNA has sent a letter calling on the Federal Housing Financial Authority saying it is “adamantly opposed” a proposed regulation it said will limit access to Federal Home Loan Banks by credit unions and could lead to future liquidity problems in the event of a crisis.
Fresh Today
WASHINGTON—A new study reveals that almost half of consumers do not shop for a mortgage when purchasing a home.
PITTSBURGH—Two women who worked as cleaning staff at Greater Pittsburgh Police Federal Credit Union here are accused of stealing credit union supplies and member data.
LIVONIA, Mich.—A prize-linked savings program pioneered by the Michigan CU League and its subsidiary, CU Solutions Group, is expanding into other states.
RALEIGH, N.C. – A new report identifies the top 10 credit unions by mortgage volume in each of four U.S. regions.
PLANO, Texas—Catalyst Corporate reported that since launch in 2014 its loan participation program has helped 41 CUs to buy and sell more than $100 million in loans.
WASHINGTON—The Pew Charitable Trusts has released new research that delves into an issue that will likely affect credit unions and who they serve: immigrant populations in the United States. Specifically, the research examines such growth from a geographic point of view.
ARLINGTON, Va.—NAFCU has opened its 2015 Annual Awards competition, which recognizes association member credit unions and individuals whose hard work personifies the dedication they have for the credit union industry, their credit union and community.
NEW YORK—Some 8.4% of borrowers with weak credit scores who took out auto loans in the first quarter of 2014 had missed payments by November, according to a Moody’s Analytics analysis of Equifax credit-reporting data for the Wall Street Journal.
