NEW YORK—Transparency International has submitted a global petition to the United Nations General Assembly preparing for the UN’s first-ever Special Session against Corruption, UNGASS 2021, which will take place in June 2021.
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ALEXANDRIA, Va.–The NCUA board has voted 3-0 in favor of Interim final rule, Part 725, related to the Central Liquidity Facility. The changes approved are largely technical and have to do with aligning sunset dates on rules passed earlier by NCUA and legislation passed by Congress.
ALEXANDRIA, Va.–The NCUA board has voted 3-0 in favor of an interim final rule related to asset thresholds pertaining to large credit unions.
ALEXANDRIA, Va.–All three board members offered comment on the one-year anniversary of operating under the COVID-19 pandemic and related restrictions and economic slowdown, the effects it has had on NCUA and credit unions, and reasons to be optimistic looking forward.
ALEXANDRIA, Va.—The NCUA board will meet today to vote on interim final rules relating to the Central Liquidity Facility and asset thresholds pertaining to large credit unions at its March 18 board meeting.
WASHINGTON—The Defense Credit Union Council (DCUC) is calling for a “no-nonsense credit union solution” for serving the unbanked and underbanked via the U.S. Postal Service. The DCUC is proposing that credit unions be the financial services solution behind a postal banking effort, not a large bank, should the concept ever become reality, as some in Congress have called for.
HILLSBORO, Ore.–Fifteen more open job positions have just been added to CUToday.info’s free job board, The Gig.
ARLINGTON, Va.—Total retail sales slid 3% in February, following a 7.6% surge the previous month. Of note, the January number was revised up 2.3 percentage points.
WASHINGTON—Credit unions have continued to provide a record-breaking number of mortgage loans, and continued their role in financial education, informing members of significant mortgage relief available to those negatively impacted by the COVID-19 crisis, CUNA told the Senate Committee on Banking, Housing, and Urban Affairs.
WASHINGTON—NAFCU thinks the Paycheck Protection Program (PPP) can be improved, while CUNA wants PPP loans to be exempted from the member business lending cap.