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WASHINGTON—The Federal Housing Finance Agency Tuesday announced changes to Federal Home Loan Bank membership eligibility requirements, and those changes do not include a proposal that FHLB members, such as credit unions, hold 10% of their total assets in residential mortgage loans on an ongoing basis.

BROOMFIELD, Colo.–Community Financial Credit Union announced that it is distributing $300,000 to reward its most loyal members as part of its Member Bonus program.

ARLINGTON, Va.—NAFCU Monday urged leaders of the House and Senate to support NCUA’s proposed updates to its field-of-membership rules, saying the changes will help credit unions better serve their members.

MADISON, Wis.—Minority households comprise 30% of all U.S. households, but account for just 23% of household income and 10% of household wealth. Now new research from the Filene Research Institute has found minority households are significant customers for nonminority-owned financial providers and offers ways financial institutions can help close the gap.

NAFCU Top Legislative And Regulatory Priorities

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On Jan. 4, NAFCU sent its top legislative and regulatory priorities to House and Senate leaders in a letter from NAFCU President and CEO Dan Berger.