WASHINGTON—Saying it will be “incredibly busy” on Capitol Hill this week, CUNA said its advocacy efforts will be getting a boost from state leagues.
Fresh Today
BEAUMONT, Texas—A federal judge in Texas has granted summary judgment to the American Bankers Association, the Texas Bankers Association, the U.S. Chamber of Commerce and several other co-plaintiffs in their challenge to the CFPB’s UDAAP exam manual.
WASHINGTON— Ahead of a House Small Business Committee markup scheduled for Thursday to encourage a bipartisan solution to fix issues from recent policy changes to the 7(a) loan program, NAFCU joined with several other financial trade associations in sending a letter to the committee.
WASHINGTON – The failed First Republic Bank was done in large part by a lack of controls to mitigate interest rate risk, according to a new report from the FDIC that also faults the regulator/insurer for its shortcomings.
WESTBROOK, Maine–Maine’s credit unions have created a new video in response to a wave of fraud and attempted fraud against members.
ONTARIO, Calif.–The California and Nevada Credit Union Leagues have announced plans to launch an inaugural Mid-Sized CU Forum for CEOs of credit unions ranging from $239 million to $1 billion in assets.
NAPERVILLE, Ill.–QCash Financial, a wholly owned CUSO of Alloya Corporate FCU, said it has now facilitated its one-millionth loan through credit unions across the United States.
SAGINAW, Mich.–Frances M. Gibelyou, who joined what was then Saginaw Municipal Employees Credit Union in 1985 as a teller before eventually rising to CEO, has announced plans to retire from what is now Family First Credit Union.
RICHMOND, Va.–The Virginia Credit Union League has named the winners of its 2023 Social Responsibility & Member Service Awards.
PLANO, Texas– Cornerstone Resources said it has entered into a partnership with Trellance the organization said is designed to advance cooperation among cooperatives and increase credit unions’ access to subject matter experts and technology resources, such as data management, analytics, and cloud solutions.