WASHINGTON–The House has passed legislation that would ease expansion of credit union field of membership into underserved areas.
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WASHINGTON—Although it has credit union support, NAFCU wants Congress to revisit several aspects of the Financial Services Racial Equity, Inclusion, and Economic Justice Act package, which includes the just-passed Expanding Financial Access for Underserved Communities Act, saying it brings greater regulatory burden.
WASHINGTON—Fannie Mae has launched its Refinance Application-Level Index (RALI), a weekly series designed to provide the market timely and comprehensive tracking of refinance activity and historical trends, Fannie Mae announced.
OWINGS MILLS, Md.–The long-time president and CEO of First Eagle FCU here has announced retirement plans. A successor has been named.
HOUSTON–A half-dozen credit unions have jointly invested $6.8 million in Pure IT Credit Union Services, a technology CUSO.
PASADENA, Calif.–Wescom Credit Union said it is partnering with the Rose Bowl Operating Company and will be the sole presenting sponsor of the AmericaFest Celebration taking place at the Rose Bowl on July 4 for the next five years.
LAKEWOOD, Colo.—As Aux, a CUSO that offers a number of backoffice services, celebrates its 30th anniversary, the company announced a new board of managers for both itself and its shared branch network, InNetwork.
TALLAHASSEE, Fla. – The League of Southeastern Credit Unions & Affiliates said it has launched a new, private, online platform community called “Connect.”
ALEXANDRIA, Va.–Credit unions in Idaho, Arizona and South Dakota led the nation in asset growth during Q1, more than half of federally insured CUs had fewer members as of March 30 than one year earlier, while more than three-quarters of all FICUs reported positive net income, according to NCUA’s latest State-Level Credit Union Data Report.
WASHINGTON–In what would be a relief for home shoppers, one executive with Freddie Mac is predicting the U.S. housing sector is in the midst of the biggest slowdown in over a decade.