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LITTLETON, Mass.– Hanscom Federal Credit Union has awarded seven graduating high school seniors – five credit union members and two students from local US Air Force Junior ROTC units – with scholarships of $1,500 each to assist with college expenses. 

EAST HARTFORD, Conn.–American Eagle Financial Credit Union said the most recent top vote-getter for its Cash Back to the Community grants will receive $27,258 in total donations.

NEW CASTLE, Del.–There is considerable uncertainty in markets and among CU management teams, but there are ways to embrace that uncertainty and grow, especially if an organization understands it’s “seeds, weeds and needs.”

NEW CASTLE, N.H.–In wide ranging remarks to credit unions here, NCUA Chairman Todd Harper discussed the banking crisis, the need for managing interest rate risk and liquidity, a troubling comment he heard made during a podcast, and more.

NEW CASTLE, N.H.–NCUA Chairman Todd Harper offered his thoughts on trends in liquidity, CUs setting themselves up for trouble by continuing to make rock-bottom-rate auto loans, and why a Silicon Valley Bank-like failure is unlikely in credit unions during a Q&A session here.

WASHINGTON–It’s going to be a busy week on Capitol Hill in terms of congressional hearings in which credit unions have an interest, especially later this week when markup begins on the National Defense Authorization Act for 2024.

NEW CASTLE, N.H.–NCUA is unlikely to assess a premium to shore up the insurance fund anytime soon, and any changes that might be made to FDIC insurance due to what’s taken place in the banking industry will need to be matched by the CU insurance fund, according to the agency’s leader.