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ALEXANDRIA, Va.–Changes that added components to NCUA’s examination rating system to account for a credit union’s sensitivity to market risk—the new S in CAMELS—and that redefine the system’s definition of liquidity risk have been outlined in a new Letter to Credit Unions from the agency.

WASHINGTON–In the wake of NCUA’s announcement it iseliminating its streamlined application for Community Development Financial Institution (CDFI) certification, CUCollaborate said it is stepping in to “fill the void.”

ALEXANDRIA, Va.–NCUA will host a webinar on March 23 on overdraft protection programs and their fee structures (on which it has said it will be giving more scrutiny), public views of the services, and market changes.

CENTENNIAL, Colo.— CU Direct Connect (CUDC), a provider of lending operations support solutions, has introduced Origence Lending Services as a new brand that is designed to become the lending back office for credit unions and to support expansion into new loan categories.

WASHINGTON–The Senate has passed the omnibus spending package, which includes the credit union-supported Credit Union Governance Modernization Act, as well as a number of other spending priorities of credit unions.

LOS ANGELES–California Credit Union is partnering with the Worldwide Foundation for Credit Unions to raise “urgently needed” aid for Ukraine by offering a $100,000 donation match for the organization’s Ukrainian Credit Union Displacement Fund. 

TALLAHASSEE, Fla. – The League of Southeastern Credit Unions has recognized its Federal Lawmakers of the Year in three different states. All three lawmakers were recognized during CUNA’s GAC.

RIVERDALE, Utah–America First Credit Union has launched its second annual FUNDamentals teacher grant competition, where it will be giving away $5,000 in grant awards to K–12 educators who a committed to elevating youth financial literacy.

BROOKLYN, N.Y.–Helen Keller Services, a non-profit working with individuals who are blind, visually impaired, DeafBlind and/or have combined hearing-vision loss to live, work and thrive in the community of their choice, recently received a $2,500 donation from Jovia Financial Credit Union.

CHICAGO--Alliant Credit Union has promoted Charles Krawitz to senior vice president, chief capital markets officer and head of commercial lending.