Ahead of Board Meeting, Treasury Tells NCUA It Sees No Reason to Raise FCU Interest Rate Cap 01/23/2023 07:28 pm WASHINGTON–The Treasury Department has told NCUA it does not see any reason to raise the current 18% interest-rate ceiling for loans made by federal credit unions, according to a letter to the agency reviewed by CUToday.info.
Fed Governors Signal Smaller Rate Increases Coming 01/23/2023 07:28 pm WASHINGTON–There is a growing chorus among Federal Reserve governors that the central bank will be slowing it pace of rate increases when the Federal Open Markets Committee meets next on Feb. 1.
Cornerstone, Heartland CU Associations Merger Complete; Personnel Changes Announced 01/23/2023 07:25 pm PLANO, Texas – The Cornerstone Credit Union League has now officially merged in the Heartland Credit Union and the two states it previously represented: Missouri and Kansas.
Existing Home Sales Decline for 11th Straight Month; 1 Forecaster Sees Potential for Reversal 01/23/2023 07:27 pm ARLINGTON, Va.—Existing home sales declined 1.5% in December to a seasonally-adjusted annualized rate of four-million units, marking the 11th straight month of declining sales and a 34% decrease in sales compared to last year.
Concerns Over What CFPB Proposal on Data Rights Will Mean for Credit Unions, Especially Smaller CUs, Being Raised by NAFCU 01/23/2023 07:27 pm ARLINGTON, Va.–Security transparency and competitive fairness are at the center of concerns NAFCU said it will be focused on this week as the CFPB ponders rulemaking on personal financial data rights.
Alaska USA FCU Changes Name to Something a Little More Global 01/23/2023 07:26 pm ANCHORAGE, Alaska—Alaska USA FCU said it plans to change its name in early April to Global Credit Union. The change follows a 2022 merger between Alaska USA and Spokane, Wash.-based Global Credit Union.
New article 01/25/2023 01:34 pm WARNER ROBINS, Ga.–— Robins Financial Credit Union has published a new Community Impact Report that shows how during 2022 it lived out its mission of being Member Focused, Financial Partners and Community Proud.
Cornerstone League-Heartland Credit Union Association Outline New League Board 01/25/2023 12:20 pm PLANO, Texas--After a 93% member vote in favor of the Cornerstone League-Heartland Credit Union Association merger, the Cornerstone League board of directors has expanded to accommodate directors from Kansas and Missouri.
Members First Supports WayPoint 01/25/2023 12:04 pm MANCHESTER, N.H.– Members First Credit Union has donated $5,000 to Waypoint, the oldest human services/children’s charitable organization in New Hampshire.
