ALEXANDRIA, Va.—There were 529 federally insured credit unions designated as minority depository institutions (MDIs) at the end of 2018, according to NCUA data.
Fresh Today
CHARLESTON, W.V.-One credit union is among five financial institutions that have submitted bids to provide banking services for West Virginia’s medical cannabis program.
WASHINGTON—The governments of the U.S. and U.K. held their second meeting of the U.S.-U.K. Financial Regulatory Working Group in Washington this week. The inaugural meeting of the Working Group took place in September 2018.
NEW YORK—A new study indicates New York once again has bragging rights as the world’s leading financial center, having reclaimed the title from London where Brexit continues to cast a shadow of uncertainty over the U.K. economy.
ALEXANDRIA, Va.–Credit union assets grew strongly during the first quarter of this year over one quarter earlier, even as membership growth showed signs of cooling its torrid pace, according to new data released by NCUA
WASHINGTON—Almost all of the Federal Reserve's districts reported "some growth” during the most recent period measured, with a few reporting "moderate" gains, according to the Fed's latest Beige Book data.
WASHINGTON–The Independent Community Bankers of America (ICBA) wants Congress to investigate what it is calling the National Credit Union Administration's “failure to prevent credit union lending abuses.”
MADISON, Wis. – CUNA Mutual Group has announced that registration is now open for its 10th annual Discovery Conference being held on Aug. 15.
SALT LAKE CITY–Mountain America Credit Union has become the latest to be hit with a lawsuit over its overdraft practices.
WASHINGTON–The regulatory burden may not be shrinking from the CFPB, but its workforce is. New numbers released by the agency show it had reduced its number of employees by almost 8.5%, or 139 full-time employees, over its most recent fiscal year.
