ALEXANDRIA, Va.–NCUA Chairman Rodney Hood has appeared in a new video extolling the Trump administration and how it has helped African-Americans in the country.
Fresh Today
UNITY, Maine–A startup credit union that aims to support farmers and food producers in Maine is scheduled to officially open its doors here today, with Maine’s governor to cut the ribbon and the granddaughter of President Franklin Delano Roosevelt to make the first deposit.
LANSING, Mich.–Lake Trust Credit Union has expanded its offerings to help General Motors employees who are currently out on strike.
WASHINGTON–The FDIC says it is looking for “techies” to join its ranks, including someone to become its chief innovation officer to lead a “Tech Lab” it has formed to promote innovation.
WASHINGTON—In a letter to the CFPB, 16 House Financial Services Committee Republicans, urged the agency to extend an exemption allowing banks to continue estimating third-party fees and exchange rates, rather than providing exact figures, for money consumers send abroad.
MINNEAPOLIS, Minn.–One of the people who was expected to play a major role in the launch of a black-owned credit union in this city who was ousted from the job said she was dismissed after she accused the organization of discriminating against a white employee.
WASHINGTON—September's job report fell below expectations with only 136,000 jobs added even as the unemployment rate dropped to 3.5%.
ALEXANDRIA, Va.—NCUA said it has extended the deadline for federally insured, low-income credit unions that want to become certified Community Development Financial Institutions to apply for qualification to use the agency’s streamlined CDFI certification process.
TALLAHASSEE, Fla.–Lucro Commercial Solutions said it has introduced a new solution that allow small businesses to apply for loans around the clock.
SAN FRANCSCO–A man who was arrested here at a hospital just hours after his wife gave birth has pleaded guilty to robbing approximately 17 different banks and credit unions. Separately, in Pennsylvania, another man has been charged with threatening to cut out the tongues of employees at another credit union.