WASHINGTON–The House Financial Services Committee will hold a hearing this week featuring federal regulators in response tothe failures of Silicon Valley Bank (SVB) and Signature Bank, while senators are calling on the CEOs of both banks to appear before a committee.
Fresh Today
EUGENE, Ore.–Oregon Community Credit Union said it has become one of the first CUs in the U.S. to test the benefits of a four-day, 32-hour workweek with its inbound call center team.
BATH, Maine–Five County Credit Union has created “Maine Harvest Solutions,” a new department offering specialized financial services to farmers and food entrepreneurs.
ARLINGTON, Va.—New home sales increased 1.1% in February to 640,000 annualized units, while sales in January were revised down 37,000 units. Compared to last year, February sales were down 10%.
WASHINGTON—The Federal Housing Finance Agency (FHFA) is being asked to reinstate seasoned bulk transactions through Fannie Mae and Freddie Mac.
SEATTLE, Wash.—Four more credit unions have signed on with Strum Platform, the company announced.
TROY, Mich.–With the April 18 tax day approaching, new research from J.D. Power suggests credit unions have an opportunity to reduce the “tax anxiety” being felt by many this year.
GREENSBORO, N.C.–David Brehmer, the president and CEO of Vizo Financial Corporate Credit Union, has announced plans to retire on Jan. 5, 2024, after 44 years in credit unions, 29 of which have been with the corporate.
MADISON, Wis.— Thirty-six “emerging” credit union leaders who have the “potential to create a lasting impact within the credit union industry” have been selected to participate in the 2023 CUES Emerge program.
BOSTON–City of Boston Credit Union Marketing Associate/Social Media Coordinator Samantha Mackie joined 38,000 runners hitting the streets of Japan’s capital for the 16th running of the prestigious Tokyo Marathon, in the process finishing the six marathons that are part of Six Star Journey.