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Cobalt Credit Union will absorb Community Hope FCU after being approached by the National Credit Union Administration.
August 28 -
Banks are expected to appeal last week’s field of membership ruling, but credit unions must also explain why part of their new rule doesn't discriminate.
August 26 -
Nearly three years after NCUA passed the rule, credit unions are ready to broaden their reach, but the possibility of an appeal to the Supreme Court may put those efforts on hold.
August 26 -
The Unity, Maine-based institution, which should open in the fall, will provide member business loans and other products to local farmers.
August 23 -
A panel of federal appeals court judges reversed a district court’s decision on the NCUA’s controversial field-of-membership rule, but saw merit in bankers’ claims of potential redlining.
August 20 -
A panel of federal appeals court judges reversed a district court’s decision on NCUA’s controversial field-of-membership rule, but saw merit in bankers’ claims of potential redlining.
August 20 -
Sen. Mitch McConnell had contacted the National Credit Union Administration about the troubles Kentucky hemp farmers had in accessing capital.
August 19 -
Tussles over risk-based capital have preoccupied the agency of late, but Rodney Hood says he also wants to foster growth of minority-owned institutions and make sure credit unions are taking the hacker threat seriously.
August 12 -
Groups seeking to open a new institution will submit preliminary information for review by the National Credit Union Administration.
August 9 -
Institutions haven't modernized benefits packages to include deferred compensation, and now the threat of a recession is affecting CEO salaries.
August 8