ALEXANDRIA, Va.—NCUA’s new rules allowing for PAL II loans will go into effect on Nov. 29.
Fresh Today
SAN FRANCISCO–Wells Fargo has named a new CEO. The banking giant has selected Charlie Scharf to lead the organization as it seeks to turn itself around and get out from under a federally imposed cap on its growth and operations.
SALT LAKE CITY, Utah–A suspect dubbed the “Boonie Hat Bandit” here has been arrested and charged with two credit union robberies.
MANCHESTER, U.K.–One credit union here is attempting to help some of the hundreds of thousands of people whose travel plans have been turned upside down by the collapse of giant travel firm Thomas Cook.
SAN FRANCISCO–One credit union is among the distribution points for $781,250 in funds being awarded by the Federal Home Loan Bank of San Francisco.
LA CROSSE, Wis. – A couple and their three daughters here have become the first family to graduate from Marine Credit Union’s Finding HOME program and purchase their home.
FRISCO, Texas–During an update on the economy here, credit unions were told to expect lending to slow in certain categories, but urged to be prepared to leverage opportunities in used cars and mortgages.
FRISCO, Texas–Liquidity risk should never be discounted, according to one expert.
FRISCO, Texas–Over the last eight years or so, credit unions have seen steady, strong often double-digit loan growth, with much of that the result of auto lending. But as loan terms get longer, CUs need to understand how risk is changing, according to one person.
WASHINGTON–With Congress home on recess for the next two weeks, both CUNA and NAFCU are urging their member CUs to be in contact with their representatives on several issues.