NEW YORK–NCUA Chairman Todd Harper stressed his commitment to advancing economic equity and justice during remarks to Inclusiv’s virtual annual conference.
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WASHINGTON—An amendment adding the Secure and Fair Enforcement (SAFE) Banking Act to the FY22 National Defense Authorization Act (NDAA) has passed by voice vote.
ARLINGTON, Va. — One month after announcing its Dual Charter Resources Initiative, the National Association of State Credit Union Supervisors (NASCUS) announced two related events it said are designed to bring the nation’s largest credit unions together with state regulators in a series of curated events.
EAU CLAIRE, Wis.—The $3.7-billion Royal Credit Union has agreed to purchase the Inver Grove Heights, Minn., office of Deerwood Bank, the credit union reported.
WASHINGTON –The CFPB has announced the appointment of new members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC).
MINNEAPOLIS, Minn.–In a rare move, a credit union that was once a single CU before splitting is combining again.
LIMA, Peru—Nearly 28,000 people gained access to financial services for the first time and more than 2,500 entrepreneurs received support for their businesses during the first year of World Council of Credit Unions’ (WOCCU) Economic Inclusion Project(EIP), a USAID-funded activity based in Peru and Ecuador, according to WOCCU.
WASHINGTON—The Federal Communications Commission (FCC) has released the Ten-Digit Dialing Guide, which will require 10-digit dialing for multiple area codes in the U.S beginning Oct. 24, 2021. The move will affect credit unions and their members.
SEATTLE–Five credit unions have come together here to finance an affordable housing project.
LOS ANGELES – A West Los Angeles man has pleaded guilty to federal charges stemming from a scheme that used a series of corporations he controlled to fraudulently obtain approximately $9 million in loans from COVID-relief programs, some of which he used on gambling excursions to Las Vegas and transferred to his stock trading accounts, the U.S. Department of Justice reported.