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SANTA ANA, Calif.–The Rancho Santiago Community College District (RSCCD) has sent a letter to SchoolsFirst FCU to take action within the next 90 days to bring greater diversity to its board by replacing at least six members with people of color.

WASHINGTON–The Biden Administration has announced additional help for borrowers who are behind on mortgage payments due to COVID-19 as many forbearance programs are set to expire.

ALEXANDRIA, Va.—NCUA’s Normal Operating Level (NOL) of the National Credit Union Share Insurance Fund (NCUSIF) should be returned to the historical 1.30%, CUNA wrote the agency in response to a request for comment for setting the NOL.

ARLINGTON, Va.—Some are now predicting the housing boom is over after sales of new single family homes fell to an annualized rate of 676,000 in June, 6.6% below May's rate of 724,000 and 19.4% below the June 2020 level of 839,000.

WASHINGTON—NAFCU, CUNA, and several other financial trade organizations have written to the Senate Banking Committee and House Financial Services Committee urging lawmakers against the expansion of the Durbin Amendment to credit cards.

LOWELL, Mass. – Jeanne D’Arc Credit Union has presented L’Arche Boston North with a $1,500 donation, through its second-quarter Give-A-Click campaign. 

MENLO PARK, Calif.—Robinhood Markets’ cryptocurrency arm expects to pay a $30-million fine to settle a New York state probe into its cybersecurity and anti-money-laundering practices, the mobile investing firm said in regulatory filings, a sharp increase from an earlier estimate of the potential penalty, The Wall Street Journal reported.