NCUA Outlines Supervisory Priorities For 2025 01/07/2025 07:41 pm ALEXANDRIA, Va.—Cybersecurity and credit risk remain at the top of NCUA’s supervisory priorities for 2025, according to a recent Letter To Credit Unions (25-CU-01).
Where Did The Money Go? NCUA Audit Reveals How One Credit Union Lost $12 Million Over 12 Months 01/08/2025 08:11 am OMAHA, Neb.– In September of 2024, one analyst raised questions about how $66.9-million Creighton Federal Credit Union could lose more than $12 million in a 12-month period.
Mortgage Applications Decrease In Latest MBA Weekly Survey 01/08/2025 08:38 am WASHINGTON — Mortgage applications decreased 3.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Jan. 3.
DCUC ‘Debunks’ Misconceptions About CU Tax Status 01/07/2025 07:42 pm WASHINGTON—The Defense Credit Union Council has sent a letter to the leaders of the Senate Banking Committee and House Financial Services Committee addressing “misconceptions” about credit unions’ tax status driven by banks.
FDIC Asked Banks To Pause Crypto Activity 01/07/2025 07:40 pm WASHINGTON—A new report from Banking Dive reveals the FDIC requested that banks pause crypto-related activity in 2022 and 2023.
Garbage Truck Crashes Into CU Office 01/07/2025 07:39 pm LYNDORA, Pa.— Another vehicle has crashed into a credit union, and this time it’s a garbage truck.