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WASHINGTON—NAFCU told the Small Business Administration (SBA) in a letter to the agency it supports proposed rulemaking to streamline and modernize its Certified Development Company (CDC) program corporate governance requirements.

DUBLIN, Ireland–At least three-dozen credit unions in Ireland have imposed a limit on the deposits members can have, in some cases as low as €15,000, as a result of negative interest rates now in place at the country’s two largest banks.

MIDLAND, Mich. – The Michigan Credit Union League (MCUL) has named its 2019 Credit Union Professional of the Year: Lisa Gray, compliance and risk management director with Dow Chemical Employees’ Credit Union. 

LANCASTER, Penn.– A former credit union employee has been charged with stealing funds from a family who considered her a friend and with fraudulently using the identity of their one-year-old son, according to police.

HOBOKEN, N.J.–How significant is student loan debt in the minds of those who consider filing for bankruptcy—even though it’s nearly impossible to discharge through such proceedings? A new study offers some answers.

DENVER—A dozen executives from Latin American financial cooperatives are meeting with colleagues from Denver-area credit unions this week to explore ways to improve member access to—and experience with—digital financial services, according to the World Council of Credit Unions.

MADISON, Wis.— CUES announced 67 credit union executives have completed its CEO Institute executive education program.

WASHINGTON—A top official with the Federal Reserve stated the department would clarify that hemp is a legal crop and that financial institutions are allowed to provide hemp businesses with services without violating the law.

MADISON, Wis.–Ninety-six percent of Venezuelans who have fled to Columbia to escape the violence and economic collapse in their home country have no access to formal financial services, even though more than half said they crossed the border more than a year ago, according to the World Council of Credit Unions.

SAN FRANCISCO–Efforts to help stabilize the value of taxi medallions–perhaps spurred in part by a lawsuit filed by a credit union–are showing some success here, one report suggests.