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GRAND RAPIDS, Mich.–Four client credit unions of CU*Answers were recognized during the Michigan CU League’s recent annual convention.

OSCODA, Mich.–Northland Area Federal Credit Union recently awarded a total of $5,000 in educational scholarships to five area students.

AUSTIN, Texas–Since 2010, A+FCU has partnered with the Capitol Area Council Boy Scouts of America to teach the Personal Management Merit Badge to Central Texas Scouts.

ALEXANDRIA, Va.—The NCUA board Friday proposed a rule that would drop the overhead transfer rate (OTR) to 60% from 67.7%, and include new OTR calculation methodology the agency believes is simpler.

Proposed Overhead Transfer Rate Methodology

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OTR proposal approved at June 23 NCUA board meeting.

DEVILS LAKE, N.D.—NCUA Friday placed $201-million Citizens Community CU here into conservatorship. It’s the second CU conserved by the agency in two days.