WASHINGTON—CUNA joined with other organizations in meeting with House Financial Services and Senate Banking, Housing, and Urban Affairs leadership staff to discuss proposed changes to the Community Financial Development Institution (CDFI) Fund certification application.
WASHINGTON— Credit unions that serve the military could be limited in their ability to become certified as a Community Development Credit Union—and therefore limited in their ability to serve the underserved—as a result of the new CDFI Target Market assessment methodologies which go into effect in April, according to the Defense Credit Union Council.
WATERFORD, Conn.–Three more credit unions have announced year-end bonuses/rebates to members, bringing to more than $172-million the amount returned to members at year-end 2022/early 2023 as tracked by CUtoday.info.
LOS ANGELES–A federal judge has ruled a lawsuit against Alliant Credit Union that alleges the plaintiff was denied a loan based on her DACA status can proceed.
EL PASO, Texas–FirstLight Federal Credit Union has selected a new president and CEO. The $1.5-billion FirstLight has named Margie Salazar to lead the organization.
MADISON, Wis.–The largest number of young credit union leaders to ever apply to be GAC Crashers in the program’s 14-year history has resulted in the selection of 58 people to attend CUNA’s Governmental Affairs Conference in February.
ALEXANDRIA, Va.—NCUA will host a webinar this week that will focus on the elements essential to successful credit union operations.
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) is reporting it has reached a settlement in its lawsuit against law firm Forster & Garbus, LLP for illegal debt-collection practices.
MADISON, Wis.–The National Credit Union Foundation has confirmed two new members of its board and reappointed two others who are now beginning their second term.
ALEXANDRIA, Va.—NCUA said it will be introducing a new email newsletter aimed at sharing more information about financial literacy.
