WASHINGTON–Despite the Fed’s move earlier this year to increase interest rates and its indication it plans to continue to do so in 2016, mortgage rates not only continue to decline, some analysts are suggesting the 30-year fixed-rate mortgage could ultimately hit new lows.
ARLINGTON, Va. – To emphasize the need to comment on the methodology NCUA uses to determine the overhead transfer rate (OTR), NASCUS has created a new video that emphasizes its position that state-chartered CUs are being overcharged.
ALEXANDRIA, Va.—NCUA Board Member Mark McWatters is again asking whether the agency is truly providing regulatory relief for credit unions.
WAKEFIELD, Mass.―Primax, a provider of credit and debit card issuing and merchant acquiring programs, will host the next webinar in its 2016 Bankcard Leadership Webinar Series on Feb. 22 at 11 a.m. ET.
RANCHO CUCAMONGA, Calif.—CO-OP Financial Services has renewed its long-standing partnership with LEVERAGE, the service arm of the League of Southeastern Credit Unions & Affiliates, which will offer select CO-OP products and services to credit unions.
WASHINGTON—Nine Republican Senate Banking Committee members have urged the heads of NCUA, the Federal Reserve, FDIC and the Office of the Comptroller of the Currency to take action under the Economic Growth and Regulatory Paperwork Reductions Act to ease credit unions’ and community banks’ regulatory burden.
WASHINGTON—CUNA Tuesday sent a letter of support to Sens. Roy Blunt (R-MO) and Mark Kirk (R-IL), and Reps. Ann Wagner (R-MO 2nd District), Peter Roskam (R-IL 6th District) and Phil Roe (R-TN 1st District) in support of their legislation that would address problems with the Department of Labor’s fiduciary rule.
HADLEY, Mass.–UMassFive College FCU has partnered with the Massachusetts Department of Energy Resources (DOER) and the Massachusetts Clean Energy Center to become one of the first lenders to support the Mass Solar Loan program.
FORT WAYNE, Ind.–3 Rivers CU here used the closure of its branches on President’s Day to have its employees go into the community and volunteer their time.
ALEXANDRIA, Va.—NCUA’s four permanent funds have received unmodified, or “clean,” audit opinions for 2015, according to audited financial reports released today by the Office of the Inspector General.
