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HERNDON, Va.–Northwest FCU has  been named Outstanding Corporation in this year’s Virginia Governor’s Volunteerism and Community Service Awards. 

WASHINGTON—CUNA, NAFCU and 79 other organizations have written to the leadership in Congress, Treasury and the Small Business Administration to express concerns over a new Paycheck Protection Program (PPP) review process, including “Loan Necessity Questionnaires.”

WASHINGTON–The Federal Housing Finance Agency (FHFA) has issued its final rule establishing a new regulatory capital framework for Fannie Mae and Freddie Mac, both of which continue to operate under government conservatorship. 

MADISON, Wis.–Two Madison, Wis. credit unions have made investments in a fund aimed at boosting affordable housing. The funds are part of a combined $11.85 million that has been pledged to the Dane Workforce Housing Fund.

MANCHESTER, U.K.–A group of credit unions here has formed a consortium called the “Sound Pound” aimed at providing £15m in financial support to millions of people across this region. 

BETTERDORF, Iowa–Former NCUA Chairman Roger Jepsen has died. Jepsen, 91, served on the NCUA board from 1985 until 1993.

OCALA, Fla.–Ocala Community Credit Union said it has expanded its field of membership to serve the underbanked community of Ocklawaha, Fla.