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TYSONS, Va.–In conjunction with Second Chance Month, PenFed Credit Union President and CEO James Schenck and NCUA Board Member Rodney Hoodvisited the headquarters of Bungee Obleceni in Philadelphia to meet with its founder and lead designer Darrell Alston.

ALEXANDRIA, Va.–New NCUA Chairman Todd Harper’s term officially expired on Monday, but he is not expected to be exiting the board anytime soon. Numerous NCUA board members have in the past served in a “holdover” capacity, often for extended periods.

WASHINGTON–With both credit union trade groups pressing Congress to bring fintechs under the same regulatory umbrella as other financial institutions, one of the key questions to be asking is what happens when things go wrong, according to NAFCU.

WYOMING, Minn.— CU Recovery, a PSCU company, is reporting it saw a record-breaking month in recoveries for its more than 850 credit union clients by collecting more than $3 million in charged-off debt in March.

HERNDON, Va.–The ACH Network saw volume soar in the first quarter of 2021, setting two new records in the process.