ARLINGTON, Va.—Credit union leaders’ outlook on the economy and the future of their organization dropped in November, according to NAFCU’s latest Credit Union Sentiment Index (CUSI).
Fresh Today
MIAMI–Executives at a number of Paycheck Protection Program (PPP) lenders obtained millions in PPP loans for themselves using means that might have been fraudulent in their own right, according to a new congressional investigation.
WASHINGTON—The Federal Housing Finance Agency (FHFA) is being asked by NAFCU to extend the effective date for targeted changes to the government-sponsored enterprises’ (GSEs) guarantee fee pricing to March 1, 2023.
WASHINGTON—The Consumer Financial Protection Bureau has taken action against Loan Doctor to resolve claims the company and its founder, Edgar Radjabli, deceived consumers into thinking they were depositing funds into a guaranteed return savings product within a commercial bank.
MADAWASKA, Maine–Susan G. Whitehead has announced her retirement from the $240-million NorState Federal Credit Union. During her 34 years with NorState FCU, Whitehead has held various positions and has spent the last nine years as president/CEO, according to the Maine Credit Union League.
IRVINE, Calif.–Origence, a provider of lending technology solutions, said it is partnering with Lehi, Utah-based Eltropy, a provider of digital communications platforms.
CHICAGO–Alliant Credit Union said it has made an equity investment in Inclined Technologies, Inc., a fintech focused on “driving better long-term outcomes for life insurance policyholders.”
OMAHA, Neb.–Credit unions seeking to add new workers or retain those they have will want to pay attention to the results of a new survey’s findings around parental leave.
SNELLVILLE, Ga.–The African American Credit Union Coalition will host a webinar titled “AACUC and Leagues Partnership" on Friday, Dec. 16, from 1-2 p.m ET.
PARIS–The Organization for Economic and Cooperation and Development has released its outlook for the global economy for 2023, and its notable for being more optimistic than other forecasts that have been made.