PAVE Action Plan Sent to President; Aimed at Dismantling Racial Bias in Home Lending 03/23/2022 07:56 pm ALEXANDRIA, Va.–NCUA is one of 13 federal agencies and offices that participated in the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) Action Plan, which has now been sent to President Biden.
Nearly a Half-Million Dollars Raised for Ukrainian CU Displacement Fund to Date 03/23/2022 07:56 pm MADISON, Wis.–The Worldwide Foundation for Credit Unions is reporting that through March 23 nearly 20 CU organizations had donated or pledged sums of at least $10,000 individually to its Ukrainian Credit Union Displacement Fund, with the total of all donations now at just over $480,000.
SchoolsFirst Makes Exec Leadership Changes, Including Splitting President and CEO Position 03/23/2022 07:54 pm TUSTIN, Calif.–SchoolsFirst FCU has announced new changes to its executive leadership, including naming Jose Lara as its new president. Bill Cheney will remain CEO.
CU Execs’ Confidence in Economy, Their Own CUs’ Futures Slips in Latest Sentiment Index 03/23/2022 07:57 pm ARLINGTON, Va.—Confidence in the economy as well as the future of their own organizations declined during February, according to a new NAFCU survey.
Credit Union Loans Outstanding Up in January, Led by Home Equities, CUNA Analysis Shows 03/23/2022 07:56 pm WASHINGTON—Overall, credit union loans outstanding increased 0.7% in January of 2022, compared to a 0.9% increase in December of 2021 and a 0.09% decrease in January of 2021, according to CUNA’s latest Monthly Credit Union Estimates.
National Cooperative Bank Names New CEO 03/23/2022 07:51 pm ARLINGTON, Va.– The National Cooperative Bank (NCB) has named Casey Fannon as its new CEO. Fannon has been serving as the acting CEO of NCB since the sudden death of the bank’s former CEO, Chuck Snyder, in November, 2021.
NCUA Joins With Other Agencies in Soliciting Comment on Proposal Related To Administrative Proceedings 03/23/2022 07:54 pm WASHINGTON–NCUA has joined with several other regulators in inviting comment on an interagency proposal to update policies and procedures governing administrative proceedings for supervised financial institutions.
Texas Trust Supports Double-Digit Growth 03/23/2022 03:04 pm ARLINGTON, Texas–Texas Trust Credit Union is reporting outstanding growth during 2021, with total assets, loans, and deposits all increasing at a double-digit growth rate in 2021
RTN FCU Supports Soup Kitchen 03/23/2022 12:04 pm WALTHAM, Mass.–The RTN Federal Credit Union Employees Community Outreach Committee provided dinner for men and women at the Bristol Lodge Soup Kitchen in Waltham.