Fresh Today

VIENNA, Va.—The $91.7-billion Navy FCU announced that Mary McDuffie will become the CU’s new president and CEO in January of 2019.

ALEXANDRIA, Va.—The NCUA board Thursday approved by a 2-0 vote a one-year delay in the implementation of its risk based capital rule.

WASHINGTON – Following NCUA’s approval Thursday of a one-year delay in the effective date of its risk based capital rule, both CUNA and NAFCU still say a longer extension is needed.

WASHINGTON–The Credit Union Legislative Action Council (CULAC), which is CUNA’s PAC, said it is launching its first round of independent expenditures (IEs) for the 2018 midterm election cycle this week, including one expenditure of more than a half-million dollars.

WASHINGTON—Bureau of Consumer Financial Protection Acting Director Mick Mulvaney said the Bureau is working on a rulemaking to better clarify its definition of unfair, deceptive or abusive acts or practices (UDAAP).