MADISON, Wis.— TruStage has been named a gold winner in the Most Innovative Product category in the Best in Biz Awards 2024 for its Payment Guard Insurance product, the company announced.
Fresh Today
GRAND BLANC, Mich.-The $1.5-billion ELGA Credit Union $104-million COPOCO Community CU, based in Bay City, Mich., have agreed to merge, the credit unions announced in a joint release.
ST. PETERSBURG, Fla.—The 2024 holiday shopping season delivered strong payments results for the last month of the year, Velera reported.
GAINESVILLE, Fla.— A Deferred Action for Childhood Arrivals (DACA) recipient living in Florida has filed a proposed class-action suit against $2.1-billion Florida Credit Union, alleging he was denied a loan and membership to the CU because of his immigration status, the Mexican American Legal Defense and Educational Fund (MALDEF), reported.
ALEXANDRIA, Va.—NCUA unanimously approved its 2025 Annual Performance Plan Thursday, noting it will include a metric requiring the board to adopt a framework to begin implementation of an enhanced consumer compliance program for complex credit unions.
ALEXANDRIA, Va.—In his final board meeting as NCUA chairman, Todd Harper looked back on his four years leading the agency, sharing some emotional remarks.
ALEXANDRIA, Va.—During its open board meeting Thursday, NCUA provided an update on the impact California wildfires are having on Los Angeles County credit unions and how the agency is responding—including providing new training for examiners to help them assist affected CUs with managing their loan portfolios.
WASHINGTON— The Veterans Member Business Loan (VMBL) Act was introduced in the Senate (S 110) and House (HR 507) Thursday. The legislation would remove arbitrary lending caps currently hindering credit unions from fully supporting service members and veterans in their business ventures, the Defense Credit Union Council said.
DALLAS—Ronaldo Hardy, president/CEO of the National Association of Credit Union Service Organizations (NACUSO), is leaving the organization, NACUSO announced.
WASHINGTON—The Defense Credit Union Council is asking Rep. Andy Barr (R-KY), who recently introduced a de novo banking bill, to consider extending similar support to credit unions, particularly those looking to start new credit unions.