ALEXANDRIA, Va.—NCUA Wednesday liquidated the tiny Mildred Mitchell-Bateman Hospital FCU of Huntington, W.Va.
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WASHINGTON—Richard Cordray took the stage at CUNA’s GAC in an effort to dispel “myths” he said CUs have created about the CFPB, one being that the Bureau is an “enemy” of credit unions.
WASHINGTON—Less than an hour after CFPB Director Richard Cordray declared credit unions should be subject to Bureau rulemaking during his appearance at CUNA’s GAC, one congressman took the stage and said the CFPB needs congressional reform.
WASHINGTON—NCUA Vice Chair Rick Metsger Tuesday held up the “network credit union model” as one potential way to help smaller, struggling credit unions not only survive but grow.
WASHINGTON–CUNA welcomed a new chairman during its GAC here.
WASHINGTON–Sounding like a stump speech as part of an election campaign, Sen. Jon Tester (D-MT) told credit unions he grew up on a farm in a rural community where there is a “sense of self reliance (and) people know they have to work together to get things done,” which are values he said credit unions understand.
WASHINGTON–During a “town hall” Q&A with CUNA CEO Jim Nussle and Chief of Staff Richard Meade during GAC, credit unions posed questions about presidential politics, the NCUA stabilization fund, and more. Below is a look at some of the questions posed and the answers provided.
WASHINGTON—Will allowing for membership choice in CUNA/leagues be the best means to drive maximum dues dollars to support advocacy efforts? And what happens in the event membership choice is unexpectedly voted down when ballots are tallied next month?
MADISON, Wis.–CUNA Mutual said it is investing in a new direct-to-consumer lending platform, SpringboardAuto.com.
PURCHASE, N.Y. and SALT LAKE CITY—MasterCard has announced a partnership with Children’s Miracle Network Hospitals to deliver an enhanced online donation platform for credit unions. Through the donation platform, MasterCard said it is making it even easier for credit unions to drive fundraising initiatives among their members in an ongoing manner.