Fresh Today

Fresh Today

LACROSSE, Wis.—La Crosse Area Postal Credit Union’s members have voted to merge with Co-op Credit Union effective March 31. The merger has already been approved by regulators.

WASHINGTON—CUNA has sent a letter to the Federal Emergency Management Agency (FEMA) sharing concerns that proposed changes to one its standard forms could double the work and cost for credit unions and others that use the document.

WASHINGTON—During testimony at a congressional hearing, NCUA’s director of Examination and Insurance, Larry Fazio, said the agency plans to consider a proposal to raise the definition of a small credit union to $100 million in assets from the current $50 million in assets.

IRVINE, Calif.—There were 39,000 completed foreclosures nationwide in December 2014, down from 46,000 in December 2013, a year-over-year decrease of 13.7% and a decrease of 66% from the peak of completed foreclosures in September 2010, according to CoreLogic’s December National Foreclosure Report.