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ALEXANDRIA, Va.—The year 2021 seemed a long way off more than a decade ago as NCUA wrestled with a plan to save the corporate credit union system. And the fact it would take that many years to deliver a verdict on the agency’s efforts to resolve the crisis does not surprise Debbie Matz.

MIDDLETOWN, Ohio–Credit unions in Ohio and Wisconsin have announced mergers, with the Ohio combination also coming with a new brand.

WASHINGTON—Both CUNA and NAFCU have expressed strong support for the proposed for Treasury’s Community Development Financial Institutions (CDFI) Fund and NCUA’s Community Development Revolving Loan Fund (CDRLF) in separate letters to the Senate Appropriations Subcommittee.

WASHINGTON—NAFCU and CUNA shared support for H.R. 3958, the Central Liquidity Facility Enhancement Act, which makes the changes to the Central Liquidity Facility (CLF) in section 4016 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) permanent.

WASHINGTON–Ahead of yesterday’s mark-up of the "Central Liquidity Facility Enhancement Act" (H.R. 3958) by the House Committee on Financial Services, the Corporate Credit Union Alliance sent a letter expressing its support and also responding to one amendment in the bill.

ARLINGTON, Va.—Existing home sales fell 0.9% in May from April, but it still reflected a 44.6% increase in sales versus a year ago.  The average home price also saw a big increase.

ORLANDO, Fla.–VyStar Credit Union plans to expand its footprint to the south and west of its Jacksonville home market with four new local branches.

ALEXANDRIA, Va.–The NCUA board will hold a meeting today.