ST. PAUL, Minn.—With the support of a generous contribution from Rich Gabrielson, a certified public accountant who worked with Minnesota credit union supervisory committees, boards of directors and management throughout his 36-year career, the Minnesota Credit Union Foundation (MnCUF) said it has established the Financial & Audit Professionals Grant Fund.
Fresh Today
PEARL CITY, Hawaii—The $538.1-million Hickam Federal Credit Union has purchased a Central Oahu property for $14.2 million, with plans to build a new branch that could end up being its new headquarters, according to a spokesperson.
ST. PAUL, Minn.—Minnesota Business Magazine has announced finalists for its 2015 Community Impact Awards, including two Minnesota credit unions – Affinity Plus Federal Credit Union and Hiway Federal Credit Union.
BETHLEHEM, Penn.—Bethlehem Teachers FFCU has changed its name to Bethlehem 1st Federal Credit Union.
ONTARIO, Calif.—CU Direct’s board of directors has approved a 3% cash dividend to be paid to its 104 credit union shareholders.
ARLINGTON, Va.—Both credit union trade associations have said they support a revision by the Consumer Financial Protection Bureau in its final rules on Truth in Lending Act/Real Estate Settlement Procedures Act (TILA/RESPA) regarding loan estimates affected by rate lock-ins and construction loans.
SAN FRANCISCO–The total balance on auto loans in the U.S. at the end of 2014 was $975-billion, or 33.2% of all total outstanding non-mortgage consumer debt, according to the latest Equifax National Consumer Credit Trends Report.
WASHINGTON—CUNA has released to its member credit unions a legal opinion it commissioned that raises questions over whether NCUA has the authority to issue its two-tiered risk-based capital proposal.
WASHINGTON —In his State of the Union address last night, President Obama touched on a number of issues of relevance to credit unions and financial institutions, including cybercrime, the economy, and fees on large banks.
WASHINGTON—A new study shows that Americans' outlook on their financial future is better than it has been in at least seven years.