WASHINGTON—Following the Paycheck Protection Program's (PPP) extension to May 31, the Small Business Administration (SBA) has issued a new procedural notice for first-draw PPP borrowers seeking a loan increase. The notice clarifies that eligible borrowers have until the program deadline to submit a request for a loan increase.
ALEXANDRIA, Va.–A former NCUA chairman is suggesting the current NCUA chairman needs to put more serious issues on the board meeting agenda.
ALEXANDRIA, Va.–Should conversations between NCUA examiners and credit unions executives be recorded, similar to the way police officers wear bodycams?
ALEXANDRIA, Va.–After the nation’s credit unions saw a near quarter-trillion inflow in deposits during 2020, members of the NCUA board held a briefing on an interim final rule related to capital adequacy and Prompt Corrective Action (PCA), with members of the board and agency staff discussing what credit unions can expect moving forward, including thoughts on a potential NCUSIF premium.
ALEXANDRIA, Va.–While the NCUA board was getting an update on cyber-threats to credit unions, one member of the board wanted to know what can be done about inside jobs.
ALEXANDRIA, Va.–Members of the NCUA board were given an update on the status of cybersecurity in credit unions, including where the greatest threats lie and what a CU should do in the event of a ransomware attack.
NEW YORK–The average new car price was $37,200 in the first quarter, up 8.4% from the same period just a year ago, according to JD Power.
ST. PETERSBURG, Fla.–How credit unions have quickly rolled out new digital and video offerings, what their plans are for branches, the potential for new alliances and more were all the subject of discussion during a panel hosted by PSCU.
MEDFIELD, Mass.–Change has always been a constant in financial services—but dramatic changes taking place across five different areas is really putting a premium on the ability to respond—and survive, according to one person.
CHICAGO– There’s an issue on which credit unions need to take the lead if they expect to prosper and grow moving forward, according to one person.
