Fresh Today

Fresh Today

ARLINGTON, Va.–In advance of the House Committee on Appropriations’ mark-up of the FY 2016 Financial Services and General Government Appropriations bill, members of the House Appropriations Committee were copied on a letter from NAFCU expressing its appreciation for the committee’s work on a draft bill that includes $233.5 million for the Community Development Financial Institutions fund and $2 million for NCUA’s Community Development Revolving Loan Fund.

CINCINNATI—Car lease credit approvals for May were down 11.5% from the previous month, with 69.6% of car lease shoppers gaining lender approval to proceed with a lease transfer, compared with 78.6% during April, according to Swapalease.com.

CLINTON TOWNSHIP, Mich. – Central Macomb Community Credit Union President and CEO Drema Isaac received the Michigan Credit Union League’s Distinguished Service Award at its Annual Convention and Expo here, while the CMCCU’s Meagan Peasley, senior member service representative, received the 2015 Young Professional of the Year Award.

WASHINGTON–Despite some speculation that the Federal Reserve would finally move to raise interest rates, it decided against making any changes today during a meeting of the Fed’s Open Market Committee.