Melissa Angell is a reporter for Credit Union Journal in New York City. She graduated from the University of Virginia where she studied Cognitive Neuroscience and Media Studies. She's also an alumna of the Dow Jones News Fund, where she previously covered healthcare equities for TheStreet.
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A bill that would have capped payday loan rates at 36% failed to get through committee, but credit unions have pledged to continue to fight for the legislation.
May 16 -
At a Senate Banking hearing focusing primarily on predatory lending practices, NCUA Chairman Rodney Hood offered insight into the agency's priorities under his leadership.
May 15 -
The Defense Credit Union Council and the Association of Military Banks of America sent dueling letters to Congress about whether banks should pay for space on military installations.
May 15 -
A report from the National Credit Union Administration’s Office of the Inspector General found the agency routinely failed to properly dispose of IT materials and spent roughly $440,000 on unnecessary equipment, among other findings.
May 14 -
Rodney Hood, chairman of the National Credit Union Administration board, will testify later this week before a Senate committee with CECL as a likely topic.
May 13 -
This round of credit unions giving back includes one institution providing scholarships to seniors and another that cleaned up the side of a road.
May 10 -
Maurice Smith, a former CUNA board chair with more than 35 years in the credit union movement, will receive the award during the African-American Credit Union Coalition's annual conference this summer.
May 9 -
The presidential contender’s plan to eliminate more than $1 trillion in student loan debt could have far-reaching implications for credit unions
May 9 -
Jill Nowacki has announced plans to enter the credit union consulting space. An interim leader has not yet been named.
May 8 -
A proposal to give the Consumer Financial Protection Bureau jurisdiction over credit unions with $10 billion or more of assets has sparked a war of words between the longtime foes.
May 7