Advanced search

MADISON, Wis.—CUNA Mutual Group and CUNA Tuesday announced that CUNA Mutual Group has made a $1-million commitment for 2018 to CUNA’s “Open Your Eyes” consumer awareness initiative.

WASHINGTON—The Federal Reserve recently announced that outstanding consumer credit for the month of July increased at credit unions.

WASHINGTON—Sen. Chris Van Hollen (D-MD) has expressed concern to Federal Reserve Chairman Jerome Powell over the delay in implementing a real-time payment system in a letter this week and asked him a series of questions pertaining to the legislative and regulatory needs to get the system underway.

MUSKEGO, Wis.–QuantyPhi balance sheet optimization services is inviting credit union CEOs, CFOs, ALCO, and financial management team members to register for an Adjustable Rate Mortgage Securities (ARMS) webinar to be held Sept. 19, 2018 at 12:00 p.m. CT.

MADISON, Wis.—Credit union loan balances rose 1.3% in June, faster than the 1.1% pace reported in June 2017, due to faster growth in new-auto loans (2.3% vs 1.2%) and fixed-rate first mortgages (1.5% vs 0.9%), according to CUNA Mutual Group’s August Trends Report.

MADISON, Wis.–The World Council of Credit Unions (WOCCU) is calling on the Financial Stability Board, the Basel Committee on Banking Supervision and number of other international standard setting agencies to reduce Basel III’s capital requirements for issuers, clearers and users of interest-rate swaps and caps to help better ensure continued access to interest rate derivatives for credit unions.

WASHINGTON—The Bureau of Consumer Financial Protection issued a final rule at the end of August clarifying what changes in the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) mean for credit unions in terms of Home Mortgage Disclosure Act (HMDA) reporting.

WASHINGTON–The impending arrival of Hurricane Florence has led NAFCU to cancel its Congressional Caucus, scheduled to begin today.

N. CHARLESTON, S.C. – South Carolina Federal Credit Union has been recognized for the sixth year as one of the Best Places to Work in South Carolina.

AUSTIN, Texas–It’s an enormous market that’s also enormously influential, yet “moms” remain overlooked by many credit unions—which is why the experiences of one CU that moved to serve that market was featured during the CUTomorrow Conference here.