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ALEXANDRIA, Va.–NCUA’s Office of Consumer Financial Protection said it is partnering with the Federal Emergency Management Agency (FEMA) to host a webinar focused on how credit unions and their members can prepare for, and remain resilient in the face of, climate-related disasters.

NEW YORK–Citigroup has announced a small reduction in its mortgage workforce, due to what it called an internal streamlining of functions. The cutbacks come as the overall mortgage lending market has slowed down due to rising rates.

ALEXANDRIA, Va.–CUToday.info’s latest review of disclosure forms filed by nine credit unions seeking to merge has found two CUs, both of which posted losses over the first six months, seeking to combine; several CUs with capital north of 22% again not distributing any of that net worth to members; just one acquiring CU of more than a billion in assets (a rarity), and one small CU that still operates out of a person’s home and which does business by phone only.

ARLINGTON, Va.—Total vehicle sales fell slightly from 13.3 million annualized units in July to 13.2 million annualized units in August, with monthly sales levels up 0.7% year-over-year.