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WASHINGTON—NCUA is preparing to refund more than $60 million to certain credit unions, while others will be sending more money to the agency, Board Member Rodney Hood announced during CUNA’s Governmental Affairs Conference.

WASHINGTON—Although they face other issues, NCUA Chairman Todd Harper is urging credit unions to remain focused on interest rate, liquidity, cybersecurity, and consumer compliance risks.

WASHINGTON—One CEO fears that if credit unions don’t start finding younger people to staff their boards, the result will be both a failure of the DEI efforts and perhaps even the failure of credit unions themselves. 

WASHINGTON–Seventy-three credit unions are among the 252 community development financial institutions (CDFIS) that have been awarded $194.1 million in Financial Assistance (FA) awards.

WASHINGTON–NCUA Vice Chairman Kyle Hauptman had generally upbeat reviews for the state of the agency and credit unions, but he did note concerns around liquidity and car loans at credit unions.

BOISE, Idaho–Bill related to firearms and ammunition have been introduced in two separate states that would affect credit unions and banks if enacted.

ATLANTA—Saying it is seeking to support financially inclusive mortgage lending, Equifax said it has become the first national credit reporting agency to make certain telecommunications, pay TV and utilities attributes available to mortgage lenders to “provide a fuller picture of consumers' financial profiles.”

MADISON, Wis.– The National Credit Union Foundation is reporting its new Impact Report shows it helped credit unions navigate the modern-day challenges of growing membership, managing risk, retaining talent and developing a mission-driven culture in 2022.