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ALEXANDRIA, Va.– NCUA has issued a Letter to Credit Unions that dials back some of the powers CUs have been granted over the past three years when it comes to holding both board and membership meetings, including the authority to hold both types of meetings coompletely virtually.

WASHINGTON—Reserve and National Guard members called to active duty are paying an extra $9 million in interest every year because they are not always receiving the benefit of their right to rate reductions under the Servicemembers Civil Relief Act, according to new research conducted by the Consumer Financial Protection Bureau.

LIMA, Peru—"Enko,” a mobile business development platform in Peru promoting the businesses of Venezuelans and Peruvians participating in the WOCCU Economic Inclusion Project’s (EIP) entrepreneurship development programs, has officially been launched in this country.

WASHINGTON–The American Bankers Association said it opposes NCUA’s proposal to amend its current subordinated debt rule to expand credit unions’ ability to issue subordinated debt for the purposes of regulatory capital treatment.

WASHINGTON–The National Defense Authorization Act (NDAA), the huge bill before Congress credit unions are hoping will carry some of their favored legislation, has become bogged down in part because of the very provisions CUs support.