WASHINGTON–Acting Comptroller of the Currency Michael Hsu is expressing concerns around a new cohort of potentially too-large-to-fail financial institutions.
Fresh Today
SOPOT, Poland–One week after the creation of the Polish American Credit Union Support Fund, more than $62,000 has been donated by U.S. credit unions to help CUs in Poland assist the flood of Ukrainian refugees who have entered the country seeking safety.
SNELLVILLE, Ga.–The African-American Credit Union Council (AACUC) will host a webinar titled “Out of the Box Thinking About Financial Literacy” on April 15.
ALEXANDRIA, Va.–Credit unions should start preparing to see NCUA examiners in person again, according to a new Letter to Credit Unions from the agency.
ALEXANDRIA, Va.–NCUA and the FDIC will co-host a webinar focused on youth workforce practitioners and the banks and credit unions that develop them on April 14 at 1 p.m. ET.
MARSHALL, Mich.– Marshall Community Credit Union has named a new CEO.
FALCONER, N.Y.–Three credit unions in Western New York havefiled a class-action complaint seeking an expedited hearing as they seek to block a new law from going into effect that lowers the maximum rate of post-judgment interest that can be charged in the state to 2% from the current 9%.
ARLINGTON, Va.—Total vehicle sales fell from 14.0 million to 13.3 million annualized units in March,with monthly sales levels down 24.6% year over year.
WASHINGTON—A long-time supporter of credit unions, Rep. Fred Upton (R-MI), announced he will not seek re-election in 2022. Upton, who has served in Congress since 1987.
