LINCOLN, Neb.–Nebraska’s bankers are backing a bill in the state legislature that would require notification anytime a state-chartered credit union is seeking to expand its field of membership, which would give the bankers the opportunity to challenge the request at a public hearing.
WASHINGTON—CUNA and the World Council of Credit Unions have written a joint letter supporting the Internal Revenue Service’s proposed rule reducing regulatory burdens related to the Foreign Account Tax Compliance Act (FATCA).
ARLINGTON, Va.—A new analysis offers deeper insights into what the increase in auto loan delinquencies means.
JACKSON, Mich.– American 1 Credit Union said it has paid out $1.2-million to members as part of its 2018 Member Giveback.
WASHINGTON–An economist with CUNA is forecasting a recession for the United States within the next two years.
ALEXANDRIA, Va.—In a brief meeting Thursday, the NCUA board unanimously approved a proposed rule to clarify and provide additional flexibility in the agency’s regulation covering required credit union supervisory committee audits.
ITTA BENA, Miss.–In remarks at an event sponsored by an affiliate of a local credit union, Federal Reserve Chairman Jerome Powell said the U.S. economy looks strong, but it is also seeking ways to fight poverty in those “pockets” where it exists, such as the rural communities in Mississippi.
GRAY, Tenn.–One week after the death of its CEO, 11 employees of Appalachian Community FCU here were laid off as part of a “restructuring.”
NEW YORK–Inclusiv, which was formerly known as the National Federation of Community Development Credit Unions, and the African-American Credit Union Coalition (AACUC) have joined forces to celebrate African American credit unions in a social media campaign that illustrates the impact of credit unions on their members and communities. February is Black History month.
NEW YORK–Many auto dealers have started 2018 with heavy inventories of unsold vehicles on their lots, with analysts suggesting the situation could put pressure on manufacturers to cut factory output as U.S. auto sales cool, according to a new report.