NCUA Board Approves 2020 and 2021 Budgets 12/12/2019 02:06 pm ALEXANDRIA, Va.–In a 2-1 vote, the NCUA board has approved budgets for 2020 and 2021 that are slightly below the estimates made during its November budget briefing.
No NCUSIF Distribution Coming; Board Member Points to ‘Razor Thin’ Margin for Error 12/12/2019 01:58 pm ALEXANDRIA, Va.–The NCUA board has voted to maintain the normal operating level (NOL) of the NCUSIF at 1.38%, while also confirming no distributions from the insurance fund will be paid out in 2020.
Innospec Raises $220K For PenFed Foundation's Military Heroes Fund 12/12/2019 03:00 pm TYSONS, Va. — Innospec Inc. raised $220,000 for the PenFed Foundation’s Military Heroes Fund at its two annual golf tournaments.
Kinetic Credit Union's Putnam to Retire 12/12/2019 02:29 pm COLUMBUS, Ga. – Kinetic Credit Union's Doug Putnam, Executive Vice President, will retire on December 31, 2019, concluding a 35-year career at the credit union.
Members Want to be 'Co-Pilots' 12/14/2019 12:00 pm WASHINGTON–With more than seven-in-10 consumers still choosing their financial institution as the result of the branch they see, changing that experience and look can be critical—or the source of critical mistakes, according to one expert.
Banks, CUs Express Greater Confidence to Meet Compliance Demands, But Also Cite Core Challenges That Still Need to be Fixed 12/15/2019 05:14 pm MINNEAPOLIS—U.S. banks and credit unions are feeling more confident in their ability to meet compliance demands, but there remains a core number of common compliance and risk challenges facing financial institutions, according to a new study.
