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.
WASHINGTON–Newly released market data show auto sales declined in November, and among the notable data points is what one major manufacturer is seeing related to electric vehicles.
SPRINGFIELD, Mass.–After establishing a DNA-link, a man known as the I-91 bandit and sought in connection with more than a dozen bank and credit union robberies in this region has been arrested, while separately, in New York, a man has pleaded guilty to robbing two credit unions.
COLONIE, N.Y.– A credit union teller allegedly involved in a fraud ring now faces weapons charges after a search of her residence during the October investigation yielded an illegal handgun.
RICHMOND, Va.–Representatives from more than a dozen Virginia-based credit unions as well as the Virginia Credit Union League met with Gov. Glenn Youngkin and other administration officials here.
LANSING, Mich. — MSU Federal Credit Union’s foundation, the Desk Drawer Fund, has made a $500,000 donation to Child and Family Charities (CFC).
