CHARLESTON, S.C. –The American Association of Credit Union Leagues (AACUL) has concluded its winter conference here. During the meeting, Tracie Kenyon was also honored with the association’s highest award.
Fresh Today
LOS ANGELES—During the holiday season First Entertainment Credit Union is sponsoring the “12 Days of Giving!” Instagram sweepstakes.
TAMPA, Fla.– After a 46-year-career at Suncoast Credit Union—the only place she has ever worked-- Cindy Helton, executive director of the Suncoast Credit Union Foundation, is retiring today. Helton is the longest tenured Suncoast employee.
SNELLVILLE, Ga.–The African American Credit Union Coalition will host a webinar titled “AACUC and Leagues Partnership" today from 1-2 p.m ET.
ALEXANDRIA, Va.–In an effort to make it easier for credit unions to partner with fintechs and CUSOs, the NCUA board has voted 3-0 in favor of putting out for comment a proposal that would amend the agency’s rule regarding the purchase sale and pledge of eligible obligations, including notes of liquidating credit unions, as well as its rules on non-participations and lines of credit to members.
ALEXANDRIA, Va.–The NCUA board has approved by a 3-0 vote an operating budget of $344.1 million for 2023 (and a total budget of $360 million) and $387.5 million for 2024.
ALEXANDRIA, Va.–The Normal Operating Level (NOL) for the National Credit Union Share Insurance Fund (NCUSIF) will remain at 1.33% in 2023, the same level as 2022.
ALEXANDRIA, Va.—The NCUA board will meet today, and most of the attention from credit unions will be on its final plan for its 2023-24 budget.
WASHINGTON—With the NCUA board set to vote today on its 2023-24 operating budget, the FDIC board this week approved a $2.4 billion 2023 operating budget that will be 6.5% higher than what it spent in 2022.
MIDLAND, Mich. – Dow Credit Union has announced a Member Giveback for 2022 of $14 million. The credit union said the funds are to be given back to eligible members in January via rebates and rewards deposited to their savings accounts.
