WASHINGTON––Credit unions have been awarded more than $25 million as part of the U.S. Department of the Treasury’s Community Development Financial Institutions Fund's latest awards, which went to 284 Community Development Financial Institutions (CDFIs) $188.7 million in Financial Assistance (FA) awards.
Fresh Today
DULUTH, Ga.–Georgia CU Affiliates President and CEO Mike Mercer has been selected as an inductee to the Cooperative Hall of Fame.
RANCHO CUCAMONGA, Calif. – In honor of Giving Tuesday, CO-OP Financial Services said it will donate $200 to CUAid for every registration for its THINK 20 conference now through Dec. 3.
COTTAGE GROVE, Wis.–Summit Credit Union here has partnered with Credit Union Student Choice to offer its members innovative lending solutions for both private student loans and student loan refinance.
WASHINGTON—The Financial Accounting Standards Board's (FASB) Accounting Standards Update (ASU) to delay the current expected credit loss (CECL) standard by an additional year has been published and is now official.
ARLINGTON, Va.—Although total vehicle sales fell to 16.5 million annualized units in October from September's rate of 17.1 million – and were down 5.3% from a year ago – NAFCU Chief Economist and Vice President of Research Curt Long noted that "the auto market has remained remarkably stable since 2015."
ARLINGTON, Va.--Total retail sales rose 0.3% in October, following a decline in September that ended six consecutive months of growth.
ALEXANDRIA, Va.—NCUA will be hosting its 2020-21 budget briefing this week, as well as a formal board meeting.
BEL AIR, Md.–A credit union teller has been charged in a home invasion involving an elderly member who had earlier withdrawn a large amount of money from their CU account.
WASHINGTON–Just two days after two students were killed in a school shooting in Santa Clarita, Calif., a bill has been introduced in Congress that would require banks and other financial institutions to work with the government to help identify and report suspicious or illegal financial activity related to firearms.
