IRVINE, Calif.–The foreclosure inventory in the U.S. declined by 25.9% and completed foreclosures declined by 4.9% in June of this year when compared with the same period one year earlier, according to the National Foreclosure Report from CoreLogic.
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ARLINGTON, Va.—NAFCU announced that its board of directors unanimously voted to amend the trade association’s Articles of Incorporation to give federally insured, state-chartered credit unions full membership.
SEATTLE–Seattle Metropolitan Credit Union said it is partnering with the City of Seattle’s Office of Immigrant and Refugee Affairs (OIRA), to roll out two new Citizenship Loans to help immigrants and refugees finance their path to U.S. citizenship.
AZUSA, Calif.–Jolina Monique Sanchez, a former employee of Azusa City Employees CU, has been sentenced to almost three-and-a-half years behind bars for embezzling more than $270,000 from the credit union, MyNewsLA.com reported.
ARLINGTON, Va.—The Trump and Clinton presidential campaigns are being closely monitored by NAFCU’s advocacy teams, which will continue to advance with both the need for regulatory relief for CUs and to preserve credit unions’ tax-exempt status, the trade group said.
PORTSMOUTH, N.H. —The $2.9-billion Service Credit Union has formally named David Van Rossum as its president/CEO.
BEDFORD, Ind.—The $470-million Hoosier Hills Credit Union is expanding its main office campus here by adding an 8,056-square-foot building to house growing corporate functions.
STATESVILLE, N.C.–Purple Heart Homes, a national public charity, has launched its inaugural Operation Veteran Home Renovation campaign, which it said is designed to engage and recruit the credit union movement to help spruce up homes that mostly older veterans own.
ARVADA, Colo.–The $328-million Sooper Credit Union and the $296-million Denver Community CU have announced plans to merge. Plans include coming up with a new name for the combined organization.
WASHINGTON–The FDIC has released new proposed standards for oversight of third-party lending, including mortgages.