WASHINGTON—The nation’s FDIC-insured banks are reporting a near 40% increase in profits as of the end of the third quarter.
Fresh Today
WASHINGTON–In follow-up to a letter in which members of the NCUA board asked Congress to extend temporary enhancements to the Central Liquidity Facility (CLF), the Corporate Credit Union Alliance has also sent a letter of its own making a similar request.
ALEXANDRIA, Va.–NCUA has issued two new prohibition orders in November.
OGDEN, Utah–Credit unions have begun announcing their year-end 2021 bonus dividends.
CHEYENNE, Wyo.–Blue Federal Credit Union has kicked off what it is calling “Blue Friday” season in which it is offering special deals to members.
WILLISTON, Vt.–New England FCU has selected PSCU for credit and debit card processing support and services.
BOWLING GREEN, Ky. – Mergers have been announced in three more states.
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services reported it has enhanced its CO-OP Springboard solution, which is the company’s proprietary card servicing application.
ARLINGTON, Va.—New-home sales saw a slight increase of 0.4% in October to 745,000 annualized units, while prior months saw a downward revision of 75,000 units. Compared to last year, October sales were 23.1% lower, according to new data.
WASHINGTON—NCUA has not provided sufficient communication to credit unions to deal with all of the proposed changes to its call reports and, as a result, the industry isn’t ready, according to a letter to the agency from NAFCU.