Credit Union Settles Case Over ADA Complaint 02/21/2016 10:01 pm NEW HAVEN, Conn.—The U.S. Attorney’s Office has settled an Americans with Disabilities Act case with 360 Federal Credit Union in the wake of a complaint that the union would not accept a video relay call.
At Least One Bipartisan Issue This Election: ‘Leave-Behind Projects’ 02/15/2016 08:23 pm WASHINGTON–CUNA, the Republican National Convention, the Democratic National Convention Committee, and RealClearPolitics are partnering on community service projects as part of the national political conventions later this year.
30 Members Of House Call on NCUA To Extend Exam Cycle 02/21/2016 10:02 pm WASHINGTON—A bipartisan group of 30 members of the U.S. House of Representatives, led by Reps. Frank Guinta (R-NH) and Rubén Hinojosa (D-TX), has signed a letter to NCUA Chairman Debbie Matz asking for the 18-month exam cycle to be extended to well-run credit unions.
Fed Budget Proposal Includes All-Time High Appropriation For CDFIs 02/15/2016 08:42 pm NEW YORK—President Obama’s 2017 budget includes $245.9-million for the Community Development Financial Institution Fund. If the funds survive Congress, it would mark the largest CDFI appropriation in the history of the fund, up from $233.5 million in 2016.
18-Month Exam Cycle Is Back! (For Banks Under $1 Billion) 02/21/2016 10:03 pm WASHINGTON—The federal banking agencies said they have increased the number of small banks and savings associations eligible for an 18-month examination cycle rather than a 12-month cycle.
Biggest Credit Union Meeting Of The Year Kicks Off 02/21/2016 10:04 pm WASHINGTON–CUNA’s Governmental Affairs Conference will have its first full day today, following an opening keynote last night and the opening of the exhibit hall.
Summit CU Says Campaign Has Saved Members $2 Million 02/21/2016 10:28 pm GREENSBORO, N.C.— Summit Credit Union here is reporting that it’s saving members $2,141,951 by refinancing high-interest-rate loans through its Loan Saver program.
Home Purchase Sentiment Index Slides Even As ‘Not Worried’ List Hits New High 02/15/2016 08:43 pm WASHINGTON–Fannie Mae’s Home Purchase Sentiment Index (HPSI) decreased 1.7 points to 81.5 in January, with housing affordability constraints reflected in the downward movement of two of the HPSI components.
One Year After First Abduction/Robbery Attempt, FBI Still Investigating Case, Connections 02/15/2016 09:02 pm BRISTOL, Conn.–It has been nearly a year since several robbers allegedly broke into a CU CFO’s home and held him and his mother hostage as part of a robbery attempt.The crime remains unsolved, and now investigators are looking into whether what took place here is related to a string of employee abduction robberies that took place later in 2015 in Tennessee.
Why CUs Need To Adjust To A 'Seller Beware' Mode 02/21/2016 10:45 pm WASHINGTON–It’s a Buyer Beware World, right? Not anymore.
