WASHINGTON—Congress has until Sept. 30 to pass the National Defense Authorization Act (NDAA) for fiscal year 2020 and both credit union associations are now back on the Hill lobbying to have language eliminated that would give banks equal access to military bases as credit unions.
Fresh Today
WASHINGTON—Following reports of another quarter of record profits for banks and other recent revelations, NAFCU President Dan Berger is urging House Financial Services Subcommittee on Oversight and Investigations "to examine questionable activities such as this website and ask, what other anti-consumer efforts are the bankers secretly funding?"
LAWRENCEVILLE, Ga.—Used vehicle values showed a slight uptick in August over July, according to Black Book’s Used Vehicle Retention Index.
RALEIGH, N.C.–Truliant Federal Credit Union has served BB&T Corp. and SunTrust Banks Inc. with a series of documents to compel the banks to respond to a trademark-infringement lawsuit filed by Truliant.
GREENSBORO, N.C. – A credit union employee was shot and killed in the CU’s parking lot by her estranged husband, who then killed himself.
WASHINGTON–Analysts are applauding the Treasury Department for finally releasing a plan for reforming the housing finance system, but say many details remain to be proposed and it’s unlikely Congress will move on the issue anytime soon.
BERRIEN SPRINGS, Mich.–Honor Credit Union here has selected the Lending 360 solution from CU Direct, which provides a comprehensive account and loan origination system (LOS).
WINSTON-SALEM, N.C.–Two North Carolina credit unions say they have completed their merger. The $42-million Hanesbrands Credit Union has merged into the $290-million Members Credit Union.
ARLINGTON, Va.—With Hurricane Dorian striking the eastern seaboard last week, Loran Jackson, NAFCU Regulatory Compliance Counsel, outlined steps CUs should take before and after any type of natural disaster strikes.
RIVERDALE, Utah–America First Credit Union (AFCU) joined with HGTV’s “Extreme Makeover: Home Edition” program to build two custom homes in Weber County, Utah.