ALEXANDRIA, Va.–Following an update on the state of the National Credit Union Share Insurance Fund, one NCUA board member said CUs need to brace themselves for a future premium assessment, while another board member said if some people had had their way any such premium would have been even larger.
Fresh Today
ALEXANDRIA, Va.–The NCUA Board has voted 3-0 in favor of a proposal to allow credit unions to capitalize interest on consumer mortgage loans in connection with loan modifications made during the pandemic.
ALEXANDRIA, Va.–Two members of the NCUA board have indicated they will not vote for the agency's proposed 2021 staff budget as it is currently written and which was recently announced by the agency.
CARMEL, Ind.—Allied Solutions has entered into a strategic partnership with Interface.ai, which it said has several decades of experience building enterprise-grade technology for financial institutions.
BURLINGTON, Mass.—There is some good news mixed with some bad news in a new analysis of the financial services industry and data security.
MADISON, Wis.–The World Council of Credit Unions (WOCCU) will host a webinar titled “Driving Digital Transformation in the COVID-19 Era” on Dec. 8 at 9 a.m. E.T.
ALEXANDRIA, Va.–NCUA’s Office of Inspector General has made two recommendations it said it would improve the effectiveness of the agency’s information security and its privacy programs and practices.
NORTH EAST, Penn.–North East Welch FCU has selected CO-OP Financial Services as its new PIN and debit processing partner.
WASHINGTON—The Consumer Financial Protection Bureau has settled with Afni, Inc., an Illinois-based debt collector the CFPB said violated rules related to providing information to consumer reporting agencies.
ALEXANDRIA, Va.–The NCUA board has approved a plan on a 3-0 vote to use the significant travel savings it has seen this year due to the pandemic to make a minor “reprogramming” of its budget.