Grasslands FCU Using NCUA Grant to Help Feed Local School Kids 05/11/2020 07:52 pm CIRCLE, Mont.– Grasslands Federal Credit Union (Grasslands FCU) said it is using a $10,000 COVID-19 Emergency Fund it has been awarded by NCUA to fund its Emergency Grant Project.
NAFCU Launches New Member-Only HR Network 05/11/2020 07:53 pm ARLINGTON, Va.–NAFCU has launched a new member-only online community for human resources professionals.
Origence, Coopera to Host Upcoming Webinars 05/11/2020 07:52 pm ONTARIO, Calif.–Origence plans to host another in its webinar series, “Economic & Lending Trends: Tracking COVID’s Continued Impact on the Economy,” on June 1. The webinar is scheduled to begin at 2 p.m. ET.
Credit Unions Watching Election Results in 3 States Today 05/11/2020 07:52 pm WASHINGTON–Credit unions are paying attention to three elections today.
CUNA Set to Launch #ThankYouThursday to Recognize CU Staff 05/11/2020 07:54 pm WASHINGTON—CUNA said it will launch a series titled #ThankYouThursday this week, using social media and graphics to let credit union staff around the country know they are appreciated and thanking them for their compassion, dedication and hard work serving members and communities during the coronavirus pandemic.
Former CEO Raises Questions About Plans by 2 CUs to Merge 05/11/2020 07:59 pm BURNSVILLE, Minn.–The former CEO of one of two large credit unions here that have announced plans to merge is calling the reasons for the merger “weak and purely boilerplate points” that are “hardly compelling.”
Total Consumer Credit Sees First Month-to-Month Decline Since 2011; Consumer Credit Grew at CUs in March 05/11/2020 07:57 pm WASHINGTON—Total consumer credit saw its first month-to-month decline since 2011 as it fell at a seasonally-adjusted, annualized rate of 3.4% in March. NAFCU Chief Economist and Vice President of Research Curt Long attributed the fall to revolving credit, which fell 30.9% during the month.
CUNA’s Open Your Eyes Campaign Gets Refocused 05/11/2020 07:55 pm WASHINGTON–CUNA’s Open Your Eyes awareness campaign is taking a look in a different direction.
NCUA Joins Other Regulators in Issuing Clarification on CECL 05/11/2020 07:57 pm WASHINGTON—Federal financial regulators, including NCUA, have issued a final interagency policy statement to provide clarification and consistency in the interpretation and application of the Financial Accounting Standards Board's (FASB) current expected credit loss (CECL) standard.
TDECU Supports First Responders 05/11/2020 08:01 pm LAKE JACKSON, Texas-- To thank first responders for their selfless service, TDECU recently partnered with Talk About Good and Mick Smokin BBQ and Catering to provide meals to local hospitals, EMS workers and fire departments.