Fresh Today

Fresh Today

WASHINGTON—The Independent Community Bankers of America and a number of affiliated state community banking associations have filed a legal brief that strongly supports the American Bankers Association’s appeal in its lawsuit challenging NCUA’s field-of-membership rule.

WASHINGTON—On top of all the worries facing federal workers who had been going without paychecks during the just-ended partial government shutdown, many were facing mounting credit card bills on government-issued plastic for which they could not receive reimbursement.

NORWALK, Conn.–Both credit union trade groups were represented at a roundtable discussion here yesterday during which the Financial Accounting Standards Board discussed its Current Expected Credit Loss (CECL) model.

PROVIDENCE, R.I.–Two Rhode Island credit unions have announced merger plans. The $276-million Rhode Island Credit Union and the $30.5-million Alliance Blackstone Valley FCU in Pawtucket said they will combine operations subject to the approval of the ABVFCU membership and regulatory agencies.