WASHINGTON—The Biden Administration has made $8.28 billion of investments through the Emergency Capital Investment Program (ECIP) to date in funds designed to help community development financial institutions (CDFIs) and minority depository institutions (MDIs).
Fresh Today
NORTH BEND, Wash.– Sno Falls Credit Union is reporting that when it needed an ATM upgrade in a hurry, it was able to do so thanks to an assist from Dolphin Debit.
WASHINGTON—The Federal Trade Commission and the California Department of Financial Protection and Innovation (DFPI) are taking action against various companies doing business as Home Matters USA, Academy Home Services, Atlantic Pacific Service Group, and Golden Home Services America for operating a sham mortgage relief operation that misled consumers and cost them millions.
LAS VEGAS– The American Credit Union Mortgage Association (ACUMA) has named its new board officers, as well as welcomed two new members to its board.
ALEXANDRIA, Va.–The NCUA board, meeting for the first time in-person at agency headquarters in 30 months—and with Vice Chairman Kyle Hauptman attending his first-ever in-person meeting—has approved new rules for expelling members from credit unions.
ALEXANDRIA, Va.—The NCUA board Thursday unanimously approved a proposed rule to change the maturity requirements for subordinated debt notes and grandfathered secondary capital under the NCUA’s current subordinated debt rule.
ALEXANDRIA, Va.–The National Credit Union Share Insurance Fund had a generally strong second quarter in 2022, with few CU failures and $73.6 million in net income.
ALEXANDIA, Va.—The NCUA board today will vote on two proposed rules.
WASHINGTON–U.S. consumers are once again adding new credit card debt by the billions racking up $67.1 billion during Q2 2022, according to WalletHub’s latest Credit Card Debt Study, which also offers insights into trends on card pricing, fees and performance.
WASHINGTON–The nation’s community banks share at least one position in common with credit unions.