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WASHINGTON—Funding for community development financial institutions is once again in the cross-hairs of the Trump Administration. Since President Trump was elected, the administration has put forward several proposals eliminating or sharply reducing funds for CDFIs, and in each case Congress has restored the funding or even increased it.

WASHINGTON—On the same day the North American Securities Administrators Association (NASAA) announced "Operation Cryptosweep," a series of coordinated enforcement actions to crack down on cryptocurrency scams, Commodity Futures Trading Commission (CFTC) Chair J. Christopher Giancarlo also revealed that the two organizations had signed an agreement for greater information sharing between federal commodities and state securities regulators.

MISSION, Kan.–Several-dozen leaders of Kansas and Missouri credit union leaders spoke on behalf of their members’ interests during a roundtable discussion for credit unions with Mick Mulvaney, acting director for the federal Bureau of Consumer Financial Protectio

ARLINGTON, Texas–Jim Minge, president and CEO of Texas Trust Credit Union, accompanied three of the inaugural graduates from Arlington Collegiate High School during an appearance on the Good Morning Texas TV show.

Credit unions have a positive outlook on future growth and lending opportunities. 

PINE CITY, Minn.–After SPIRE Credit Union during the winter with Ogilvie Raceway to help provide Workforce Development scholarships to four Minnesota high school students, the credit union is reporting that Pine Technical & Community College—after receiving a state grant–has approached SPIRE to help maximize the funds they received to provide as many scholarships as possible.

MOLINE, Ill.– Two Midwest credit unions have announced a merger that crossed state lines has been completed.

KENT, Wash.–Change-in-control agreements may be an underutilized means of helping to ensure an objective assessment of merger proposals in the credit union industry, according to a new white paper from the CEO Advisory Group.

APPLE VALLEY, Wis.–Fox Communities Credit Union has been ranked as the number-one rated credit union in the nation for 2017, according to S&P Global Market Intelligence’s annual ranking.  

LAKEWOOD, Colo.– CU Service Network announced that Carrie Langgard, CFO of the $360-million Sooper Credit Union in Denver, has been elected to its board.