Fresh Today

Fresh Today

INDIANAPOLIS – The Indiana Credit Union League has announced the new table officers on its board. Elected were: Chairman: Matt Lambert, Encompass FCU; Vice Chairman: Chuck Donovan, Members Source CU; Board Secretary: Karla Salisbury, KEMBA CU; Treasurer: Dallas Bergl, INOVA FCU.

ALEXANDRIA, Va. –NCUA reported that Wachovia will agree to pay $53 million to resolve the agency’s claims arising from losses related to purchases of the securities by corporate credit unions.

ALEXANDRIA, Va,–Barclay’s Capital has agreed to pay $325 million as part of a settlement with NCUA to resolve claims arising from losses related to purchases of faulty residential mortgage-backed securities by corporate credit unions.

NEW YORK —The National Federation of Community Development Credit Unions, CUNA Mutual Group and the California and Nevada CU Leagues have announced a joint effort aimed at increasing the number of Community Development Financial Institution (CDFI) certified credit unions in California.

ALEXANDRIA, Va.NCUA Chairman Debbie Matz Friday announced she will host an in-person Open Forum for credit union stakeholders at the agency’s Central Office on Oct. 30 from 10 a.m. until noon, ET.