FHFA Issues New Proposal for Capitalizing Fannie, Freddie; Fed Regulators Put Forth Principles on Small-Dollar Loans 05/21/2020 08:04 am WASHIINGTON–The Federal Housing Finance Agency has issued a notice of proposed rulemaking that seeks to establish a new regulatory capital framework for Fannie Mae and Freddie Mac (the GSEs).
Strategy Works in Forward and Reverse 05/20/2020 08:37 pm TYSONS, Va.—Carefully monitoring member demand, and meeting them in their channel of choice, is how the nation’s third-largest credit union has addressed whether or not to close lobbies—and then when to reopen them.
Facebook’s WhatsApp, Amazon Expanding Financial Offerings in India; British Bank Joins Libra 05/20/2020 09:32 pm MENLO PARK, Calif.—Several developments in payments and lending are in the works outside the U.S. that credit unions might want to give attention, as the companies behind the efforts often bring those same initiatives to the U.S.
CU Sees Spike in Online Volume as It Introduces New, Smaller Branches 05/20/2020 08:35 pm PONTIAC, Mich.–Michigan Legacy Credit Union is reporting it has seen a spike in online volume since the beginning of the coronavirus pandemic, and has also now introduced a new branch protype.
Domestic Violence, Working Mom Challenges & More Discussed During GWLN Sister Society Event 05/20/2020 09:32 pm MADISON, Wis.– During a Global Women’s Leadership Network (GWLN) Sister Society meeting participants raised concerns from ranging from starvation and domestic violence to moms' working from home while trying to school their children