WASHINGTON—Federal Reserve Board Governor Daniel K. Tarullo has become the 22nd chairman of the Federal Financial Institutions Examination Council, of which NCUA is a member.
Fresh Today
MADISON, Wis.—CUs should expect higher earnings over the next two years, pushing capital ratios to record levels, according to CUNA's recently updated 2015-16 economic forecast.
WASHINGTON—A new report shows card issuers are focused on attracting consumers with existing debt, while slowly steering away from people intent on incurring new debt in a recovering economy.
PORTLAND, Ore.—A new report is critical of Oregon credit unions’ mortgage lending to people of “modest means,” but the Northwest Credit Union Association is dismissing both the report and the basis for its claims. The same report also lists the compensation packages of some Oregon CU CEOs and claims that large CUs are “indistinguishable from community banks.”
CINCINNATI—A unique merger with a significant amount of credit union history is being completed here.
SALT LAKE CITY—A record $10.750 million was raised by more than 3,000 credit unions nationally during 2014 for local Children's Miracle Network Hospitals in 2014.
PRINCETON JUNCTION, N.J.–The EMV Migration Forum has issued a white paper that aims to provide guidance for ATM owners and issuers who are contemplating implementing PIN change at the ATM as part of, or subsequent to, the move to EMV.
COLORADO SPRINGS, Colo.—Ent FCU has entered into a 15-year, $12.6-million agreement with the University of Colorado at Colorado Springs to receive naming rights for a soon to be constructed visual and performing arts center at the university.
MADISON, Wis.—For one day only credit unions were urged to download a special research report that really got to the bottom of how dress codes affect sales.
ALEXANDRIA, Va.—NCUA said that it continues to work toward “excellence in supplier diversity” and during 2014 increased the total dollars awarded to minority- and women-owned businesses by 49%.