EDINBURGH, Scotland–Actor Michael Sheen, known for his roles in Frost/Nixon and the Showtime series Masters of Sex, was on hand here to help open a credit union that operates as Castle Community Bank.
Fresh Today
AUSTIN, Texas–Even though there are more than 100 days to go before the CUTomorrow Conference officially kicks off, the meeting’s hotel room block is already nearly 25% sold out.
WASHINGTON–After years of efforts by credit unions and their trade groups, the House has voted 258-149 to pass S. 2155, the reg relief bill formally known as the Economic Growth, Regulatory Relief and Consumer Protection Act.
WASHINGTON–FDIC-insured commercial banks and savings institutions reported aggregate net income of $56 billion in the first quarter of 2018, up $12.1 billion (27.5%) from a year ago.
AUSTIN, Texas–Credit union CFOs here were told to watch for interest rates to continue to rise over the next few years and lending to remain strong even as it slows, but also to be prepared for a “technical recession” in 2020, according to one economist’s projections.
AUSTIN, Texas–One former credit union CEO shared what it’s like to learn the very hard way just how important understanding a CU’s liquidity situation really is.
WASHINGTON–Credit unions and banks have staked out opposite positions on a provision that would delay the effective date of risk-based capital rules for credit unions for two years, with the bankers saying a proposed change puts taxpayers at risk.
WASHINGTON—The Justice Department would be required to clarify website accessibility standards under the Americans with Disabilities Act (ADA) according to a provision added to a House Appropriations measure.
MADISON, Wis.–CUNA Mutual Group is reporting its Executive Benefits Program for credit unions has now hit $3-billion in assets under management.
WASHINGTON—NAFCU President and CEO Dan Berger met with Federal Housing Finance Agency (FHFA) Director Mel Watt to discuss various efforts by the agency to strengthen the housing market, including the possibility of a pilot program to ensure affordable mortgage options and changes to credit score reporting that would provide credit unions with flexibility.