Former Teller Who Returned to Work to Commit Robbery is Sentenced 05/02/2022 07:35 pm SALT LAKE CITY, Utah–A ex-teller who returned to his former credit union—this time as a robber—has been sentenced to nine years in federal prison.
CUNA Economist Offers New Forecast for Jobs, Inflation, 10-Year Treasury 05/02/2022 07:41 pm WASHINGTON–With a new report on inflation released late last week, with the Fed meeting to talk rates at midweek and with a jobs report to be released on Friday, this will be a week that has the attention of many economists.
Temporary PCA Changes to Remain in Place Through Q1 2023, NCUA Says 05/02/2022 07:37 pm ALEXANDRIA, Va.–NCUA has announced that prompt corrective action (PCA) changes affecting earnings retention and the filing of net worth restoration plans will remain in place through March 31, 2023. The agency announced the update via an NCUA Express message.
Stop Killing the Buzz When it Comes to Serving Cannabis-Related Biz, CUNA Tells Senate 05/02/2022 07:37 pm WASHINGTON—Financial institutions should be permitted to lawfully serve businesses that engage in cannabis-based businesses authorized under their state laws, even when such activity may be inconsistent with federal law, CUNA stated in a letter to Senate leadership.
With National Small Business Week Underway, NAFCU Outlines Its Support, Changes It Wants to See 05/02/2022 07:37 pm WASHINGTON—This week is the Small Business Administration’s (SBA) National Small Business Week.
Tropical Financial CU CEO Rich Helber to Retire; Successor Named 05/02/2022 07:40 pm MIRAMAR, Fla. – Richard Helber, who has served as president and CEO of Tropical Financial Credit Union for the past 12 years, has announced plans to retire. Helber has spent more than 40 years in credit unions.
Support Expressed by NAFCU for IMPROVE the SBA Act 05/02/2022 07:40 pm WASHINGTON—NAFCU has written to Rep. Blaine Luetkemeyer (R-MO) to offer support for the IMPROVE the SBA Act, introduced by Luetkemeyer last week.
Fort Lee FCU Introducing New Name, Branding 05/02/2022 07:37 pm PRINCE GEORGE, Va.–Fort Lee FCU is introducing a new name and brand.
Virginia League Announces Board Election Results, New Exec Committee 05/02/2022 07:36 pm RICHMOND, Va.–Following its recent annual meeting, the Virginia Credit Union League has announced the results of its board elections.
As More People Are Turning to Loans for Basic Necessities, Wales Gov’t Urges Citizens to Look to CUs 05/03/2022 07:35 pm WALES, U.K.–Families in Wales are going into debt to pay for basics like food and fuel as the cost of living continues to rise, according to Cambrian Credit Union here.
