MADISON, Wis.–As part of its Discovery Webinar Series, CUNA Mutual will host a webinar titled “Thriving Smaller Credit Unions: The Value of a Puzzle-Solving Mindset” today. The webinar will run from 2-3 p.m. ET.
Fresh Today
WASHINGTON—Credit unions play a “pivotal role” in expanding financial access to underserved areas, NAFCU told the House Financial Services Committee’s Subcommittee on Diversity and Inclusion ahead of its hearing this week on economic inclusion.
WATERLOO, Iowa—The $6.8-billion Veridian Credit Union here has agreed to buy $113-million American Investors Bank and Mortgage, based in Eden Prairie, Minn.
NEW YORK–Forty credit unions were undercapitalized at the end of the third quarter, a decrease from the 43 that were undercapitalized at the end of Q2, according to S&P Global Market Intelligence data.
MADISON, Wis.–Lending at credit unions should grow 8% in 2023 with the average loan-to-savings ratio to 80.5% at year’s end, according to the forecast in CUNA Mutual’s new Trends Report.
WASHINGTON—CUNA and NAFCU have each sent letters to NCUA in response to its proposed rule to make changes to member expulsion procedures bylaws of federal credit unions (FCUs), which implements changes made by the recently-passed Credit Union Governance Modernization Act (CUGMA.
WASHINGTON–Both the House and the Senate are back in session this week, with the National Defense Authorization Act for FY 2023 (NDAA) still the focus of the House agenda as well as credit union attention for what it might or might not include.
WASHINGTON– A new set of principles that seek to address the physical and transition risks associated with climate change has been proposed by the Federal Reserve for banking organizations of more than $100 billion in assets.
AMARILLO, Texas–Three credit unions have named new presidents/CEOs, while a fourth long-time leader has announced retirement plans.
TACOMA, Wash.–CU Strategic Planning has sent an extensive comment letter to the Treasury Department’s CDFI Fund related to its certification application process.