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WASHINGTON—CUNA is expressing concerns over what it is calling NCUA’s “statutory inflexibility” regarding the influx of deposits to CUs.

WASHINGTON–The Federal Reserve may seek to withdraw its bond-buying program earlier than planned due to high inflation pressures, but it will factor in risks from the new Omicron variant of the coronavirus before making a decision, Fed Chairman Jerome Powell told the Senate Banking Committee.

WASHINGTON–The Small business Administration’s Economic Injury Disaster Loan program improperly sent nearly $3.7 billion to recipients prohibited from receiving federal funds, according to a new government audit.

VIENNA, Va.–The world’s largest credit union, Navy FCU, said it has selected TruStage to provide its members with  auto and home insurance to the credit union’s members.

AURORA, Colo.–Aurora Federal Credit Union has named a new president and CEO.