Fresh Today

ENDWELL,  N.Y.–Visions FCU has opened two, new in-school financial wellness centers at high schools in New Jersey’s Passaic and Morris counties.

JACKSON, Miss.–HOPE Credit Union, which describes itself as the leading Black- and women-owned community development financial institution, has launched its first internship program in its 28 year history.

OMAHA, Neb.–The Nebraska Credit Union League and CUCollaborate have entered into a partnership the organizations said is aimed at supporting growth of credit unions in the state.

PLANO, Texas–In the wake of its merger with the Heartland Credit Union Association, the Cornerstone Credit Union League has launched UNITE, which it is describing as a “groundbreaking grassroots advocacy initiative” tailored for the five states now comprising the Cornerstone region.

BEAUMONT, Texas– Mobiloil Credit Union is changing its name and brand identity.

LAWRENCE, Mass.–Merrimack Valley Credit Union said it has committed up to $1 million in Flood Disaster Relief Loans to assist residents following recent flooding.

ALEXANDRIA, Va.–The huge Japanese conglomerate Rakuten filed for a federal credit union charter earlier this year, before withdrawing its application, CUToday.info has learned.

ALEXANDRIA, Va.–The chairman of NCUA has offered his insights on what newly released credit union performance data reveal, including pulling back the curtain on what’s behind a rising industry average delinquency ratio, why he sees a “tale of two types of credit union members,” why NCUA is paying particular attention to several billion-dollar CUs, and more.

ALEXANDRIA, Va.–NCUA’s director of the Office of Examination & Insurance, Kelly Lay, says there are no plans to change supervisory priorities during credit union examinations for the remainder of the year as a result of new data showing rising delinquencies and charge-offs at credit unions (see related reporting).

ALEXANDRIA, Va.–In releasing its Quarterly Credit Union Data Summary for the second quarter of 2023, NCUA has broken out performance data it now captures for minority depository institutions (MDIs) that it says show the segment is performing strongly.