SAN FRANCISCO–Charge-off rates at some of the peer-to-peer lenders—companies that credit unions have watched warily as they “disrupted” the market–are on the rise, according to one report. But the companies are responding by saying the rates are not out of line.
Fresh Today
BELFAST, Northern Ireland–Credit unions from 55 countries around the world kicked off the World Council of Credit Unions’ World CU Conference here yesterday, discovering just how interwoven credit unions have been in a city that has suffered much strife in recent decades.
BELFAST, Northern Ireland–As credit unions in this city, the Republic of Ireland and Ireland prepare to host visitors from around the globe as part of the World Council of Credit Unions’ conference in this city this week, many find themselves defending their relevance following the release of a new report.
ALEXANDRIA, Va.—NCUA’s July 21 open board meeting will address the 2016 mid-year budget, and will include a quarterly report on the National Credit Union Share Insurance Fund.
WASHINGTON–With the Republican Party planning to host its national convention this week, a draft of the GOP’s platform being circulated reportedly calls for getting rid of Fannie Mae and Freddie Mac and scaling back the government’s role in the housing market, according to The Wall Street Journal, The New York Times and others reports.
WASHINGTON–Mortgage rates continue to dip to near record lows. Data released by Freddie Mac show that last week:
BALTIMORE–MECU of Baltimore has announced the cash bonus it is returning to members as of mid-year.
LOWELL, Mass.–The $1.2-billion Jeanne D’Arc Credit Union has selected the Omnix Appointment Concierge solution to improve members’ service experience by offering a new sophisticated branch appointment capability at their seven locations.
PLANO, Texas—As Baton Rouge, La., today deals with the aftermath of police shootings, the Fort Worth Chapter of Credit Unions has joined with the Tarrant County Law Enforcement Association on a fundraising event to benefit the Dallas Police Association’s Assist the Officers Foundation following the shooting of five police officers here.
WASHINGTON—CUNA sent a letter to the House in support of the Labor, Health and Human Services, Education, and Related Agencies Act of Fiscal Year 2017.