ROCHESTER, N.Y.–A golf tournament here that is part of the Symetra Tour, a feeder circuit for the LPGA Tour, will be named the Danielle Downey Credit Union Classic after about a dozen local credit unions came together to sponsor the event at Brook-Lea Country Club in Gates, N.Y.
Fresh Today
WASHINGTON–CUNA’s affiliated credit unions have voted overwhelmingly in favor of a new membership model that gives CUs the option of belonging to the traditional CUNA/league model, or individually to either CUNA or their respective league.
ALEXANDRIA, Va.—The NCUA will vote on finalizing its proposal on bank notes at its open board meeting this week.
WASHINGTON–The FDIC’s Inspector General has charged the agency’s staff members with having an “abusive” supervisory attitude that forced banks into no longer making loans based on consumers’ tax refund checks.
WASHINGTON–Mortgage rates moved higher for the third week in row.
WASHINGTON–Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $493 on each loan they originated in the fourth quarter of 2015, down from a reported gain of $1,238 per loan in the third quarter of 2015, according to a new report from the Mortgage Bankers Association (MBA).
PLANO, Texas—NCUA’s new member business lending rule has the potential to “completely change” they way CUs make loans, and will be part of the focus at Catalyst Corporate’s upcoming Accelerating Success Conference.
PITTSBURGH, Penn.–An advertising campaign from a credit union here has been selected as the Best in Show at the annual Pittsburgh American Advertising Awards contest.
ALEXANDRIA, Va.—The total number of outstanding enforcement actions for federally insured credit unions at the end of 2015 was down by approximately 21% from 2014—falling from 454 in 2014 to 359—according to NCUA’s annual report.
DANA POINT, Calif.–The 11th annual California and Nevada Credit Unions for Kids Wine Auction have announced that for the second year in a row more than $1 million was raised for the 11 Children’s Miracle Network Hospitals in California and Nevada.