Advanced search

WASHINGTON—The Small Business Administration (SBA) is being asked to rescind or pause all movement on its proposed rulemaking that would allow new lenders to apply for a license to offer SBA-backed 7(a) small business loans until the proposal’s effects related to fintechs and the SBA’s proposed changes to the affiliation and lending criteria rule are better understood.

HOUSTON—Two credit unions have named new leaders.

WASHINGTON–NCUA’s Office of Inspector General (OIG) has issued a report that offers four recommendations for improving the agency’s Continuity of Operations Program (COOP).

EVERETT, Wash.–Snohomish County in Washington has launched a new program that allows banks and credit unions to offer low-interest loans to help commercial property owners finance environmentally friendly upgrades to their buildings.

MADISON, Wis.—The World Council of Credit Unions will host a webinar titled, “How Central and Eastern European Credit Unions are Supporting Ukraine” today. The webinar will begin at 8:30 a.m. ET.

MADISON, Wis.–Registration for the National Credit Union Foundation’s Development Education (DE) opens today.

KYIV, Ukraine–Indicative of what is going on in his country, one person offering an update on credit unions and the people in Ukraine was only able to do so after scrambling to find electricity and an Internet connection. But as he made clear, those are only minor challenges and the country and its credit unions are resolved to keep moving forward despite the daily attacks from Russia to keep helping those who never expected the kind of help they are getting from CUs.

ST. LOUIS–The increase in wealth during 2021 and 2022 likely contributed to the fall in labor participation, but that trend and others is reversing, according to a new analysis by the St. Louis Fed.

NEW DELHI, India—India is on course to maintain its position as the top recipient of remittances, with migrant workers on track to send home a record amount of money this year, a new report shows. 

MADISON, Wis.—CUES® Emerge, an industry program for emerging leaders, announced it is now accepting applications for the 2023 cohort.