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SEATTLE—Credit unions have some big company when it comes to objecting to CFPB oversight: Amazon.

SPOKANE, Wash.–CU Strategic Planning is reporting three of its client credit unions have been awarded $200,000 in grants each through California’s Investment and Innovation Fund Program.

MADISON, Wis.–Credit union leaders and their ALCOs will likely need to wait until the spring before they see any reductions in rates by the Federal Reserve, according to the latest forecast from TruStage.

ALBUQUERQUE, N.M.–A man allegedly driving a stolen pickup truck crashed into a First Financial Credit Union building here and then forcefully entered the credit union, leading employees to hide.

WASHINGTON—Remittances to low- and middle-income countries (LMICs) grew an estimated 3.8% in 2023, a moderation from the high gains of the previous two years, the World Bank is reporting. 

NEW YORK–A primary driver pushing up mortgage rates over the past two years is now playing a role in helping to pull them down, according to a new analysis.

DALLAS—Early bird registration for ALM First’s 2024 Financial Institute, which will be held March 24 – 27, 2024 in Dallas, will end on Feb. 16.

EATON, Md.–D. Michael Riley, the long-time executive with NCUA who was involved in numerous pivotal decisions, has died. Mr. Riley was 77.