WASHINGTON—The Federal Reserve Board has established what it is describing as a “transparent, risk-based, and consistent” set of factors for Reserve banks to use in reviewing requests to access Fed accounts and payment services as it responds to new providers seeking to use the Fed.
WASHINGTON–Representatives from CUNA will be meeting with the director of the Treasury's Community Development Financial Institutions Fund, Jodie Harris, over the delays some credit unions continue to report in renewing their CDFI certification
WASHINGTON–There are two state primaries this week in which credit unions have a stake.
ARLINGTON, Va.–Many in credit unions are as happy about what was not in the new Inflation Reduction Act now before President Biden as they are about what is.
ARLINGTON, Va.–Is the passage of the $430-million Inflation Reduction Act an indicator the Democrats may be able to push through other large pieces of legislation this term, including those that include language credit unions both support and oppose?
WASHINGTON–Marsha King, the president and CEO of Library of Congress FCU has announced plans to retire effective Sept. 1. The credit union has announced a search for a replacement.
NEW YORK– The just-passed Inflation Reduction Act offers some big opportunities for community development credit unions (CDCUs) and minority depository institutions (MDIs), according to Inclusiv.
BARSTOW, Calif.–Members of Barstow Community Credit Union have vote in favor of merging into Frontwave Credit Union.
NORTH MINNEAPOLIS, Minn.–A de novo credit union that has been in the works for five years to serve the African-American community here now has a new name: Arise Community Credit Union.
MADISON, Wis.–Nevada has become the latest state to launch CUNA’s Your Money Further campaign, better known to many as the “Open Your Eyes” national awareness initiative.
