CMBS Delinquency Rate Rises Slightly; Multifamily Rate Highest in 3 Years, New Data Show 09/04/2024 07:18 pm NEW YORK–The Trepp CMBS Delinquency Rate rose ever so slightly again in August 2024, increasing one basis point to 5.44%, according to its newest report.
NCUA Awards More Than $3.5 Million in CDRLF Grants; Releases Ombudsman Report 09/04/2024 07:18 pm ALEXANDRIA, Va.–NCUA has awarded more than $3.5 million in Community Development Revolving Loan Fund grants to 135 low-income-designated credit unions.
CU Tax Exemption, Acquisition of Banks Subject of CNBC Report 09/04/2024 07:19 pm NEW YORK–Credit union acquisitions of banks, and more broadly, the CU tax exemption, were the subject of a segment on the CNBC program “Power Lunch.”
Vizo Financial to Host Webinar Today on ‘DEI by Design: How to Build a Successful Program’ 09/04/2024 07:19 pm MIDDLETOWN, Penn.–Vizo Financial Corporate CU will host a webinar today titled “DEI By Design: How to Build a Successful Program.”
Velera Innovation Alliance Introduced as Extension of Fintech Engagement Program 09/04/2024 07:17 pm ST. PETERSBURG, Fla. – Velera has announced the establishment of the Velera Innovation Alliance (VIA), which it said is an extension of Velera’s Fintech Engagement Program announced in April 2024.
Underground Event, Call Center Conference to Team in Support of ICU Day; Don’t Forget to Wear Your ‘Genes’ 09/04/2024 07:16 pm BOULDER CITY, Nev.--Mitchell Stankovic & Associates and the Underground are reporting they will be teaming up with the International CU Call Center Conference on Oct. 16th to support International Credit Union Day.
Certain Updates, Changes Would Reduce Reg Burden from AML/CFT Rules, ACU Tells FinCEN 09/04/2024 07:18 pm WASHINGTON—Certain updates and changes would make it less burdensome for credit unions to comply with anti-money laundering/counter-financing of terrorism (AML/CFT) rules and regulations, America’s Credit Unions said in a letter to the Financial Crimes Enforcement Network (FinCEN).
OTIS FCU Expands FOM to Include 8 Additional Counties in Maine 09/04/2024 07:16 pm JAY, Maine – OTIS Federal Credit Union has expanded its field of membership expansion to include eight additional counties in Maine.