WASHINGTON—NAFCU President and CEO Dan Berger met this week with Financial Accounting Standards Board (FASB) members Sue Cosper and Fred Cannon to discuss an exemption for non-public filers, including credit unions, from the Current Expected Credit Losses (CECL) accounting standard.
Fresh Today
LA PORTE, Ind.–Two new mergers are planned among credit unions, according to disclosure forms filed with NCUA.
OAK RIDGE, Tenn. – For the fourth year in a row, the ORNL Federal Credit Union has paid out a special dividend to its members. The $5-million special dividend was issued to members on Oct 22, one day after International CU Day.
ALEXANDRIA, Va.–NCUA is encouraging credit unions to participate in a free program that helps members address their federal income taxes and reminding them the deadline to participate is rapidly approaching
HOUSTON—After a soft launch with a select number of credit unions, eCU Technology announced its “newly reimagined” ORIGINS Suite will launch broadly in January 2022.
WASHINGTON—The U.S. Department of Justice is looking for someone to head its newly announced National Cryptocurrency Enforcement team.
LITTLETON, Colo.–Arapahoe Credit Union has received its Community Development Financial Institution certification after enlisting CU Strategic Planning for its assistance.
MADISON, Wis.— CUES has announced that Tony Covington, its vice president for new markets, is now part of its podcast team.
WESTBROOK, Maine– The Maine Credit Unions’ Campaign for Ending Hunger has launched a new fundraising initiative ahead of the holidays. Throughout November and December, the Campaign is encouraging people to donate $5 (or more) to help feed a hungry Mainer as part of its Holiday Meals for Mainers initiative.
MADISON, Wis.–With credit union leaders worried over the ongoing pace of inflation, a CUNA economist is projecting the pace of price increases will continue to “decelerate.”