Fresh Today

Fresh Today

WASHINGTON—Changes to the NCUA’s final field of membership rule are expected when the agency holds its open board meeting Thursday, according to CUNA.

WASHINGTON—The credit union trade groups will call on NCUA to rein in its spending when the agency hosts its budget hearing later this week.

ALEXANDRIA, Va.—The number of CUs agreeing to penalties for filing late Call Reports for the first quarter of 2016 increased from the number agreeing to late filing penalties for the previous quarter, NCUA reported.

WASHINGTON–In a case that will resonate with any credit union or corporate CU, Moody’s Corp., which is the world’s second-biggest ratings firm, said it expects the Justice Department to sue it over bond grades it issued prior to the 2008 housing market collapse.

BROOKFIELD, Wis.—Fiserv has announced that multiple financial institutions, including Ally Bank, Bank of the West and BECU, have committed to join Early Warning’s Zelle Network via an alliance between Fiserv and Early Warning.

WASHINGTON—NCUA’s revised supervisory approach to interest rate risk becomes effective Jan. 1, and the agency recently released guidance and resources to assist credit unions in preparing for the change via a Letter to Credit Unions (16-CU-08).