SCHAUMBURG, Ill.–Two Illinois credit unions have announced plans to merge and create a CU of more than $2 billion in assets.
Fresh Today
WASHIINGTON–New funding for the Paycheck Protection Program (PPP) is on its way after the House voted 388-5 to join the Senate in approving a roughly $480-billion package of aid and stimulus for small businesses, hospitals and to pay for COVID-19 testing.
ALEXANDRIA, Va.–NCUA is paying nearly a half-million dollars to the communications firm Edelman to provide it with branding and strategic communications services.
LUTHERVILLE, Md.–First Financial FCU said it has been able to provide relief to a membership struggling with the effects of the coronavirus pandemic by paying out more than $660,000 in rebates and dividends for the first quarter of 2020.
WASHINGTON—The U.S. Small Business Administration notified 8,000 small business owners about a software bug that may have exposed their personal information online.
WASHINGTON—The Federal Housing Finance Agency (FHFA) announced the government-sponsored enterprises (GSEs) will be allowed to purchase single-family mortgages in forbearance that meet specific eligibility criteria.
WASHINGTON—As Congress continues to work on providing the Small Business Administration's (SBA) paycheck protection program with additional funding, the SBA has released additional guidance on the program along with notices aimed at equipping lenders with important information as they provide relief to borrowers amid the coronavirus pandemic.
WASHINGTON—The Federal Financial Institutions Examination Council (FFIEC) has made several updates to the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examiner’s Manual.
TAMPA, Fla.—Trellance is making “significant additions” to the professional services it offers to clients, the company reported.
MADISON, Wis.–Credit unions were given insights into what a new Filene Research Center launching at a particularly appropriate time will be offering in terms of actionable insights.