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The agency is expected on Wednesday to release the list of credit unions that missed the Call Report filing deadline on Jan. 22. Though the number of late filers has decreased significantly since NCUA first started imposing fines, some concerns about scheduling Call Reports have been raised.
By Palash GhoshJanuary 26 -
NEW YORK Despite crippling amounts of snow from behemoth winter storm Jonas, most credit unions are operating relatively normally, according to leagues in some of the hardest-hit states in the Eastern U.S.
By Palash GhoshJanuary 25 -
National Credit Union Administration says it wants to double number of low-income CUs with Community Development Financial Institution status by end of the year.
By Palash GhoshJanuary 21 -
Caja D'Orothe nickname for Internet Archive FCU that means "box of goldis golden no more.
By Palash GhoshJanuary 21 -
BATTLE CREEK, MICH. OMNI Community Credit Union said it has paid an annual cash rebate back to its members in the amount of $1.15 million.
By Palash GhoshJanuary 20 -
With 500,000 members across the United States, USWCC deal offers huge growth opportunity for 'right' credit union.
By Palash GhoshJanuary 20 -
First Capital Federal Credit Union, a $167-million institution based in York, Pa., hosted an event in conjunction with the York County Economic Alliance to introduce its new president and CEO, Sue DeStephano.
By Palash GhoshJanuary 19 -
The numbers credit unions posted for loan and membership growth last year will be tough to beat, particularly given the economic challenges that have already sent the stock market plummeting.
By Palash GhoshJanuary 15 -
ALEXANDRIA, Va. The National Credit Union Administration (NCUA) late Wednesday said the director of the Michigan Department of Insurance and Financial Services (DIFS) placed Clarkston Brandon Community Credit Union (CBCCU) into conservatorship and appointed NCUA as its conservator.
By Palash GhoshJanuary 13 -
Community Financial Credit Union (CFCU) of Broomfield, Colo., said it will distribute $300,000 to reward its "most loyal members" as part of its Member Bonus program, which is designed to return earnings back to its members.
By Palash GhoshJanuary 13 -
Neighbors Credit Union, a $315-million institution based in St. Louis, paid out a special dividend off 1.31% APY, which amounted to a total of about $209,000.
By Palash GhoshJanuary 13 -
One week after regulators uncovered some financial irregularities at its operations, Clarkston Brandon Community Credit Union (CBCCU) said its branches are open and fully functional and its employees are ready to meet members needs.
By Palash GhoshJanuary 12 -
The two credit unions are calling off what would have been one of the biggest mergers in credit union history.
By Palash GhoshJanuary 8 -
The Federal Reserve's decision to raise interest rates for the first time in nearly a decade is raising questions about how the move will effect loan and deposit rates at CUs.
By Palash GhoshJanuary 8 -
Loan portfolio growth jumps 10.7% in 12 months ending in 3rd quarter of last year vs. 6.6% increase at commercial banks in same time span.
By Palash GhoshJanuary 7 -
Washington-- Banking industry officials hailed changes to a Financial Accounting Standards Board rule that they have long complained unfairly distorts banks' quarterly earnings.
By Palash GhoshJanuary 6 -
The Minnesota Credit Union Network (MnCUN) announced that it is launching a prize-linked savings (PLS) account called WINcentive that will be available at fourteen credit unions across the state.
By Palash GhoshJanuary 6 -
DFCU Financial, a $3.9-billion-asset credit union based in Dearborn, just outside of Detroit, announced it has returned half of its 2015 income amounting to some $25-million back to 100,000 of its members through its Cash Back annual loyalty reward program.
By Palash GhoshJanuary 5 -
Filene Research Institute said it has entered into a new collaboration with QCash Financial to pilot a program designed to provide a low-cost alternative to payday loans.
By Palash GhoshJanuary 5 -
Peach State Federal Credit Union, a $301-million institution based in Lawrenceville, Ga., announced it has introduced a new website that is designed to provide visitors with an improved online experience.
By Palash GhoshJanuary 4
