ARLINGTON–NAFCU will be hosting a free webinar on March 17 aimed at helping credit unions determine their institution's readiness to handle a pandemic as the threat of the coronavirus increases.
Fresh Today
WASHINGTON—As the threat from the coronavirus pandemic continues to spared, CUNA is calling on Congress to increase CDFI and CDRLF funds, while NAFCU has sent a letter to the Trump Administration and Congress outlining how CUs prioritize the health and safety of members.
WASHINGTON—CFPB Director Kathy Kraninger, while testifying before the Senate Banking Committee this week, provided updates on efforts related to amending the definition of a qualified mortgage (QM) and potential expiration of the government-sponsored enterprise (GSE) patch, as well as the Bureau's authority under the Military Lending Act (MLA).
MADISON, Wis.–Citing risks from coronavirus (COVID-19), multiple organizations have announced plans to postpone upcoming meetings.
WASHINGTON—CUNA has sent a set of proposals to the Federal Communications Commission to encourage the use of a reassigned number database (RND) and reduce the number of calls to reassigned numbers.
WASHINGTON–The CEO of Wells Fargo told the House Financial Services Committee the bank is changing the “broken culture” that led to multiple scandals and a recent $3-billion-plus fine.
ALEXANDRIA, Va.– NCUA has marked its 50 anniversary as an independent federal agency.
MADISON, Wis.–In the new 2020 edition of the Global Regulatory Update from the World Council of Credit Unions, the organization says an increased focus on digitization will force credit unions and other financial cooperatives to “navigate a complicated, intertwined and often inconsistent set of regulations.”
WASHINGTON – Charles Elliott, president/CEO of the Mississippi Credit Union Association (MSCUA), was recognized with the 2020 Eugene H. Farley League Leadership Award by the American Association of Credit Union Leagues (AACUL) at a private reception during CUNA’s recent Governmental Affairs Conference.
BASKING RIDGE, N.J.– Affinity Federal Credit Union has launched a SmartStart Savings account that features an inverted interest structure aimed at encouraging members to build up their savings and increase their financial wellbeing.