CUNA, NAFCU & Other Trades Want FCC to Answer the Call When it Comes to Contacting Members 06/07/2021 08:08 pm WASHINGTON—NAFCU, CUNA and several other trade organizations wrote to the Federal Communications Commission (FCC) to ensure that companies can contact consumers with vital information via a phone call.
CDFI Fund Issues New Guidance on Transactional Level Report Data 06/07/2021 08:04 pm WASHINGTON–The Community Development Financial Institutions Fund (CDFI Fund) said it has updated its Community Development Financial Institution (CDFI) Transactional Level Report Data Point Guidance.
What CU's Blockbuster Deal Could Mean 06/07/2021 09:08 pm NORTH LIBERTY, Iowa—Could the second-largest CU/bank buy—which reaches into two states and includes two banks—lead more credit unions to consider a similar move? And will the latest blockbuster agreement bring more banker attention to these deals?
TruMark Hosts Jeopardy Competition, Awards Scholarships 06/08/2021 12:05 pm FORT WASHINGTON, Penn. —Noting COVID-19 didn’t stop it, TruMark Financial Credit Union from hosting its annual Financial Jeopardy competition and awarding scholarships to graduating seniors.
FICUs Report Big Jump in Net Income, Thanks to Decline in Provisioning Changes 06/07/2021 08:14 pm ALEXANDRIA, Va.–Federally insured credit unions reported net income growth of $11.3 billion, or 134.9%, over the year ending in the first quarter of 2021, according to new data released by NCUA.
Ransomware Attacks Are in the Headlines, But Will Congress Act on Data Security? NAFCU is Hopeful, but Realistic 06/07/2021 08:08 pm ARLINGTON, Va.–Will recent, high-profile ransomware attacks on companies in the U.S. help break a logjam in Congress on data and infrastructure security legislation?
‘Generally’ Good News Seen in Latest Jobs Numbers, Especially for Younger Women 06/07/2021 08:08 pm WASHINGTON—The latest numbers on job creation and unemployment are seen as generally good, especially for younger women, according to one credit union economist.
Next Up for PPP: the Challenge of the Loan Forgiveness Process 06/07/2021 08:09 pm ARLINGTON, Va.–With the Paycheck Protection Program now having exhausted close to a trillion dollars in funding, the next big question for credit unions and borrowers alike will be the loan forgiveness process.