ARLINGTON, Va.—NAFCU has expressed concerns to NCUA regarding the agency’s proposal to adopt a complex credit union leverage ratio (CCULR) as an alternative measure of risk-based capital (RBC) adequacy.
Fresh Today
NAPERVILLE, Ill.—The fifth winner in Alloya Corporate FCU’s “10 for 10 for 10” initiative has been named: Best Buddies International.
ALBUQUERQUE, N.M.—Although credit union-supported legislation that would provide protections to CUs serving cannabis-related businesses has made progress in the House, CUNA is warning it faces challenges in the Senate.
LAKEWOOD, Colo. – Aux is reporting that its collaborative back office accounting and compliance services continue to attract new credit union clients.
WASHINGTON–Gen. Colin L. Powell, the first Black U.S. secretary of state who held leadership positions in several Republican administrations and who died earlier this week at age 84, also shared his thoughts on leadership, international diplomacy and more in remarks to credit unions.
WASHINGTON–The Defense Credit Union Council (DCUC) said in November it will release its new Installation, Policy, and Operations Guide for Military Credit Unions.
REXBURG, Idaho–Beehive FCU said it has selected a new president and CEO to succeed Shane Berger, who will be retiring on Jan. 4, 2022.
SIOUX FALLS, S.D.–Two South Dakota credit unions have completed a merger.
DENVER–Bonifii, a provider of a Digital Identity as a Service solution to credit unions, said Equifax has become a first adopter of the technology.
CHINEHAM, England– Transaction volumes for mobile payments will grow 92% from 26 billion in 2021 to 49 billion in 2023, according to a new forecast.