WASHINGTON—During a House Financial Services Committee mark-up this week Rep. Claudia Tenney (R-NY) called on the NCUA to consider parity and extend its exam cycle for some credit unions as Congress considers legislation to do the same for banks.
Fresh Today
ARLINGTON, Va.—Existing-home sales rebounded in February, increasing 3%, after falling for two straight months.
SAN FRANCISCO–In February home prices hit a four-year high, marking a 72-month run during which median home prices rose each month nationally, according to a new report from Redfin.
LOUISVILLE, Ky.–A police officer and his wife are suing the Louisville Metro Police Officers Credit Union, claiming they were the victims of a scheme involving fake loans and misappropriated funds.
BETHPAGE, N.Y.–Bethpage FCU here has expanded its use of Intuvo’s digital marketing solutions to include new member onboarding.
SAN FRANCISCO–Malicious mobile apps were on the decline in Q4 of 2017, largely due to a decrease in the inventory of AndroidAPKDescargar, the most prolific dealer of blacklisted apps, according to RiskIQ’s Q4 mobile threat landscape report.
ALLENTOWN, Penn.–A former credit union employee here has pleaded guilty to embezzling more than $600,000.
WASHINGTON–The members of the Federal Financial Institutions Examination Council (FFIEC), which include NCUA, have announced an update on their Examination Modernization Project that was undertaken as a follow-up to the review of regulations under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA).
MARIETTA, Ga.—The $1.2-billion LGE Community Credit Union has agreed to purchase Dallas, Ga.-based Georgia Heritage Bank.
HAUPPAUGE, N.Y.–GrooveCar reports its indirect program for credit unions showed a 36% increase in auto loans for partners in 2017 over 2016.