Fresh Today

Fresh Today

ARLINGTON, Va.–Ahead of today’s NCUA board meeting, where the ceiling on credit union interest rates are on the agenda, NAFCU President and CEO Dan Berger penned a letter directed at agency Chairman Todd Harper urging the board to “listen to credit unions on this issue, not just the loudest--and misinformed--voices in Washington,” according to the trade group.

WASHINGTON—Ahead of the House Financial Services Subcommittee onDigital Assets, Financial Technology and Inclusionhearing on stablecoins this week, NAFCU and CUNA each sent letters to the subcommittee sharing their outlooks on how the rules should be shaped.

SACRAMENTO, Calif.–First U.S. Community Credit Union has named a new president and CEO. The $541-million credit union has tapped Shonna Shearson to lead the organization.

FOZ DO IGUAÇU, Brazil– Lena Giakoumopoulos, director of the Global Women’s Leadership Network (GWLN), encouraged women in attendance at the Super Summit Sicredi here to get involved in the international program to grow their potential and open more possibilities during a pair of panel discussions with other credit union women.

WASHINGTON–The FDIC is reporting that the special assessments that will be needed to recover the estimated $19.2 billion of losses due to uninsured depositors to the federal bank deposit insurance fund resulting from the failures of two banks in March will be proposed through rulemaking when it meets in April.