ALEXANDRIA, Va.–Three people representing CU trade groups testified during the NCUA Budget Briefing here, with all providing recommendations for additional changes by the agency, and one person asking the two NCUA board members to ask themselves three questions.
MADISON, Wis. — Membership in credit unions around the world has now surpassed more than 260 million people globally. The announcement comes as credit unions prepare to celebrate International Credit Union Day on Thursday.
LAWRENCEVILLE, Ga.—Used vehicles in September held their values better than they have in the last two years, according to a new report.
MADISON, Wis. — A challenge to credit unions around the globe has been issued by the Worldwide Foundation for Credit Unions, the charitable arm of the World Council of Credit Unions.
SACRAMENTO—California has become the first state to pass an Internet of things (IoT) cybersecurity law.
WASHINGTON—A number of federal departments and agencies, including NCUA, have issued a statement to address instances in which certain banks and credit unions may decide to enter into collaborative arrangements to share resources to manage their Bank Secrecy Act (BSA) and anti-money laundering (AML) obligations more efficiently and effectively.
MADISON, Wis.–Credit union membership grew by more than a half-million during July alone, while the overall CU loan-to-share ratio hit a 37-year high, according to new data.
LA CROSSE, Wis.—Marine Credit Union said it has received regulatory approval to acquire 10 Old National Bank branches through a purchase agreement announced April 2018 and reported earlier in CUToday.info here.
ALEXANDRIA, Va.—Low-income credit unions sustaining damage from Hurricane Florence are eligible for urgent needs grants up to $7,500 from NCUA to help restore operations, the agency reported Monday.
SAN FRANCISCO–After years of scandals and a government-imposed cap on its growth, Wells Fargo has said it will eliminate as many as 26,500 jobs over the next three years.