Banks Report $60 Billion In First Quarter Net Income 05/29/2019 07:58 pm WASHINGTON–Commercial banks and savings institutions insured by the FDIC reported aggregate net income of $60.7 billion in first quarter of 2019, up $4.9 billion or 8.7% from one year earlier.
NCUA Distributing $160 Million to CUs This Week 05/21/2019 08:16 pm ALEXANDRIA, Va. –NCUA announced it will pay out $160.1 million to more than 5,500 institutions credit unions eligible for a distribution from the National Credit Union Share Insurance Fund distribution.
CU Trades, Bankers Oppose Green Amendment; Other Letters Filed 05/21/2019 08:52 pm WASHINGTON–NAFCU and CUNA have joined with two bank trade association in a letter to Congress expressing opposition to the Green Amendment to HR 1500.
CBO Says Pot Banking Could Mean $350 Million In Deposits 05/29/2019 07:58 pm WASHINGTON—Passing into law the SAFE Banking Act (H.R. 1595), which would institute a safe harbor for financial institutions serving legal marijuana businesses, would increase insured deposits at credit unions by about $200 million by 2022 and $350 million by 2029, according to the Congressional Budget Office (CBO).
Midwest Storms Close CU Offices 05/29/2019 08:03 pm DAYTON, Ohio—With tornadoes ripping through several Midwestern states over the Memorial Day weekend, killing at least three people, most of the effects of the violent weather are being felt by credit unions in Ohio, according to league reports.
The Other Eye Is Blackened: Now What? 05/22/2019 07:24 am Well, I was wrong, and even faster than usual.
Changing the Marketing Game for Credit Unions 05/30/2019 10:57 am Marketing can seem pretty straightforward.
PSECU Supports Students With Scholarships, Supplies 05/21/2019 09:12 pm HARRISBURG, Penn.–PSECU has announced the winners of its 23rdannual scholarship program,
A Donation to THINK About: $120,000 Raised During Meeting 05/21/2019 09:12 pm MIAMI BEACH, Fla. – A total of $120,000 was raised in charitable and philanthropic donations at CO-OP Financial Services’ THINK 19 Conference here, including $95,000 from Transaction Network Services, Inc.
The DMV Among NSFCU's Partners 05/29/2019 08:04 pm ROCKY HILL, Conn.–Connecticut has been ranked fourth among states for being innovative in a new analysis, and one credit union here said it has looked to boost its own growth by being among the innovation leaders in the state.
