WASHINGTON–Credit unions are watching primary elections in seven states today, with special attention being given to three races. In an eighth state, Idaho, it’s the final day for mail ballots to be received and counted.
Fresh Today
WASHINGTON—The Small Business Administration (SBA) and the Treasury continue to be asked for clarity on Paycheck Protection Program (PPP) loan forgiveness.
ARLINGTON, Va.–With the first credit unions to have undergone virtual exams by NCUA now reporting back on their experiences, NAFCU said it sees no reason to return to on-site exams once the coronavirus pandemic is considered to be over and under control.
WASHINGTON–Credit unions are by no means alone on Capitol Hill when it comes to wanting something from—or attempting to stop something from happening—in Congress.
WASHINGTON–Senate Majority Leader Mitch McConnell (R-KY) indicated he believes Senate Republicans will begin considering proposals for a "fourth and final" economic stimulus package in response to the coronavirus pandemic in about a month.
WASHINGTON —Federal Reserve Chairman Jerome H. Powell said the Fed has “crossed a lot of red lines that had not been crossed before” as the central banks have sought to use all their tools to their “fullest extent” in response to the coronavirus pandemic.
FORT WAYNE, Ind.–3Rivers FCU said it has now completed its acquisition of certain assets and liabilities from West End Bank.
GREEN BAY, Wis.–When the former office of Northern Paper Mills CU opens for business today it will do so as Fox Communities Credit Union.
ALEXANDRIA, Va. –The National Credit Union Administration issued two prohibition notices and one prohibition order.
WORCESTER, Mass.—Webster First FCU here has joined CU REVL LLC as a referral affiliate.