WASHINGTON—Less than 20% of credit unions that become significantly undercapitalized are still active or independent, according to NCUA data.
Fresh Today
LAWRENCEVILLE, Ga.—After starting the year strong, depreciation rates on used cars are once again exceeding that of trucks.
WASHINGTON—Completing the Free Application for Federal Student Aid (FAFSA) is the key to receiving financial aid for college. Unfortunately, for many students and parents it can also be a confusing and challenging process, says Credit Union Student Choice.
ANAHEIM, Calif.— Nearly 75 people from California’s small credit unions came together here to mark a milestone: the 10th Annual Shapiro Summit.
WASHINGTON—The CFPB has published a final rule revising dollar amounts for certain regulations falling under Regulation Z that implement the CARD Act, HOEPA and the ability-to-repay/qualified mortgage provisions of the Dodd-Frank Act.
ALEXANDRIA, Va.–NCUA has sent a Memorandum of Understanding to its unionized employees following its announcement it will be reorganizing its regional offices and making other changes.
PLANO, Texas–As some credit unions here begin to reopen or make plans to begin business operations again, credit union leaders have their eyes on the weather forecasts.
MADISON, Wis./WASHINGTON–CUNA said it is calling on the credit union movement to marshal its resources to help all those affected by Hurricane Harvey.
PURCHASE, N.Y.—Mastercard, CUNA Mutual, CO-OP Financial Services and Catalyst Corporate are among the companies that have both announced large donations to relief efforts in the wake of Hurricane/Tropical Storm Harvey.
HARAHAN, La.—With CUs in Texas still assessing damage, Tropical Storm Harvey is expected to deliver a tougher punch in round two in this state, according to the Louisiana CU League, which told CUToday.info that credit unions here are “hunkering down.”