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ALEXANDRIA, Va.—The NCUA board Thursday voted 3-0 to issue a proposed rule to “streamline and modernize” derivative investment authority for credit unions.

MADISON, Wis.—Do credit unions have the “excess capital” right now to make emergency loans to members as one group is demanding?

AUBURN HILLS, Mich.– Throughout COVID-19, Genisys Credit Union said it has continued to support and give back to its communities, as well as continued to grow while providing stable, uninterrupted services to members. 

NEW YORK–JPMorgan Chase reported its third-quarter profit rose 4%, but that wasn’t the biggest surprise in the numbers reported during a recession. Instead, the nation’s biggest bank set aside just $611 million for potential future loan losses, far less than expected and the $10.47 billion it booked in the second quarter, noted the New York Times.

DUBUQUE, Iowa—On International Credit Union Day yesterday, more than 63,000 participating Dupaco Community Credit Union members were paid a share of nearly $4.5 million in bonus patronage dividends for 2020.