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WASHINGTON–The Federal Financial Institutions Examination Council (FFIEC), of which NCUA is a member, has issued a joint statement alerting financial institutions to recent actions taken by the Department of Treasury’s Office of Foreign Asset Control (OFAC) under their Cyber-Related Sanctions Program and to the potential impact it may have on financial institutions’ risk-management programs.

FREEHOLD, N.J.– Shark River Hills Elementary School Pre-K teacher Stephanie Huff was surprised by members of the First Financial Foundation with a $500 Erma Dorrer classroom grant for the 2018-2019 school year.

LIVONIA, Mich.­ — CU Solutions Group (CUSG), a CUSO providing technology, marketing and HR performance management solutions, and QCash Financial, a provider of automated, cloud-based mobile lending products, said they have entered into a marketing partnership to promote QCash Financial’s solutions in the credit union marketplace.

WASHINGTON—Government-sponsored enterprises Fannie Mae and Freddie Mac reported net incomes of $4 billion and $2.6 billion, respectively, in the third quarter of 2018. Although Fannie Mae's income was down from the second quarter, it was $1 billion higher than a year ago; Freddie Mac brought in roughly half of what it did a year ago.

HOLLYWOOD, Calif.–There is a centrifuge now rapidly spinning and separating the companies—and people—who will survive in the future, and it’s being powered by the six R’s, according to one person