Advanced search

ALEXANDRIA, Va.--NCUA has awarded $3.47 million in Community Development Revolving Loan Fund grants to 97 low-income designated credit unions, the agency announced Monday.

WASHINGTON--The Federal Housing Finance Agency (FHFA) has issued a proposed rule to rescind and replace Duty to Serve (DTS) regulations for Fannie Mae and Freddie Mac. Currently, the DTS regulations make both obligated to support mortgage financing for underserved housing markets, Americas Credit Unions explained.

NEW YORK—Artificial intelligence is rapidly becoming the defining force shaping banking strategy, with 80% of banking executives now expecting AI to significantly disrupt their business and operating models within the next three to five years, according to KPMG's 2026 Banking Technology Survey.

BASEL, Switzerland—Federal Reserve Vice Chair for Supervision Michelle Bowman said financial regulators should take a proportional, risk-based approach to overseeing artificial intelligence, arguing that lower-risk AI applications deserve a "lighter supervisory and regulatory touch" while institutions using AI for more material functions should face stronger governance and controls.

MILWAUKEE – Corporate Central has been recertified as a Great Place To Work for 2026, the organization announced.