Narrow Scope of Proposal to Avoid ‘Stifling’ CU Partnerships, NAFCU Tells Bureau 04/04/2023 07:34 pm WASHINGTON—In response to a CFPB proposal to require supervised nonbanks to report certain terms and conditions in form contracts for consumer financial products and services that pose risks to consumers, NAFCU is calling on the Bureau to narrow its scope to ensure credit unions’ partnerships with third-party vendors are not “stifled.”
Ball State Financial, Muncie Post Office CU Put Stamp on Merger 04/04/2023 07:40 pm MUNCIE, Ind. — Ball State Financial, which is a division of Indianapolis-based Financial Center First CU, said it has now merged in with Muncie Post Office Credit Union.
Bank Groups Demand Oversight Hearing on NCUA 04/06/2023 07:39 am WASHINGTON–A coalition of community bank groups led by the Independent Community Bankers of America (ICBA) has sent a letter to House Financial Services (R-NC) Ranking Member Maxine Waters (D-CA) calling on the committee to hold an oversight hearing on the NCUA, alleging numerous issues the groups say must be addressed.
Small-Dollar Loans Through NCUA’s PALs Program Hit a New High in 2022 04/06/2023 10:24 am WASHINGTON–Credit union small-dollar loan volume hit a new high in 2022, according to a new analysis by Pew Charitable Trusts.
evolve FCU Hosts Spring Break at the Movies 04/06/2023 11:29 am EL PASO, Texas–evolve FCU hosted its annual Spring break at the movies event throughout March.
Early-Bird Deadline for WCUC is Approaching 04/05/2023 09:34 pm MADISON, Wis.—The World Council of Credit Unions is reminding that “time is running out” to take advantage of the early bird to register for its 2023 World Credit Union Conference in Vancouver, Canada July 23–26.
UFC Names Hoopes Chief Lending Officer 04/05/2023 09:30 pm INVER GROVE HEIGHTS, Minn.--UFC has named Jim Hoopes as the Chief Lending Officer.