DANA POINT, Calif.–Tom Kane president and CEO of the Illinois Credit Union league and its subsidiary, Envisant, has been presented with the American Association of Credit Union Leagues’ highest recognition, the Eagle Award.
Fresh Today
NEW YORK–Credit unions have embraced QR codes as much as any industry, both in offering services to members and as a means of downloading reports and information during meeting presentations. But the technology increasingly comes with risks, according to the FTC—risks credit unions might also want to warn members about.
ALEXANDRIA, Va.–As CUToday.info reports separately, the NCUA board has voted 3-0 to approve operating budgets for 2024 and 2025 that are smaller than proposed earlier this year, but for next year is still up 7%. For 2025, the budget increases by nearly $48 million.
ALEXANDRIA, Va.–The NCUA board has voted 3-0 to approve operating budgets for 2024 and 2025 that are smaller than proposed earlier this year, but are still up--including a 7% increase for next year and a $48-million hike for 2025's proposed budget.
ALEXANDRIA, Va.–The NCUA board has approved an increase in the asset size at which credit unions are exempt from paying an operating fee, and further indexed that exemption to growth in CU assets moving forward.
ALEXANDRIA, Va.–The NCUA board has voted 3-0 to put out for 60-day comment a proposal related to providing more clarity—including additional graphics and charts--around how the overhead transfer rate (OTR) is determined.
ALEXANDRIA, Va.–The NCUA board, serving in its capacity as the board of the agency’s Central Liquidity Fund, has approved the CLF’s 2024 budget.
MADISON, Wis.–After years of discussion around “excessive savings” held by the average consumer, that talk is now finished, according to TruStage’s chief economist, who is predicting a decline in member savings in 2024.
WASHINGTON–In response to a request during a recent House hearing, NCUA has sent Congress an update on its anti-harassment policies and practices, sharing a dozen or so things it has done.
LAWRENCEVILLE, Ga.—Demonstrating that the auto workers prolonged strike this year did not have a large effect on production as many expected, used values declined in November, according to Black Book.