LYNCHBURG, Va.–Carrie Hunt, EVP and general counsel with NAFCU, has been named the new president and CEO of the Virginia Credit Union League.
Fresh Today
WASHINGTON–The The Credit Union Employee and Member Safety Act of 2021 has been introduced in Congress by Senators Tina Smith (D-MN) and Ben Sasse (R-NE). The legislation seeks to make make credit unions safer for employees and members.
WASHINGTON–President Biden and the first lady remain members of credit unions.
WASHINGTON–Senate Banking Committee Chairman Sherrod Brown (D-OH), who has been skeptical of cryptocurrencies, has sent a letter to acting Comptroller of the Currency Michael Hsu expressing concerns about crypto companies getting approved for national trust charters.
BOISE, Idaho–Physical meetings in credit unions are making a return, with organizations from coast to coast announcing they will host a number of traditional in-person events later this year.
WASHINGTON–The reporting exemptions on Home Mortgage Disclosure Act (HMDA) data for smaller financial institutions has had little effect on data availability, but additional information from lenders would help improve oversight, according to a new report from the Governmental Accountability Office (GAO).
SNELLVILLE, Ga.–The African-American Credit Union Coalition (AACUC) is reporting early successes following a new pilot mentoring program called “1-to-1Woman.”
COLUMBUS, Ohio—Should nonprofit organizations, including credit union associations, that spend money on Ohio elections be forced to publicly disclose who funds them?
COOPER CITY, Fla.–BrightStar Credit Union has announced plans for a new corporate headquarters, saying it will be the first corporate building to be built in Cooper City, Fla.
WASHINGTON— The Consumer Financial Protection Bureau has asked a federal district court to enter a final judgment and order that, if entered by the court, would require DMB Financial, LLC to pay consumers at least $5.4 million for charging unlawful fees and failing to provide required disclosures to its customers, and a civil penalty.