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With new guidance and a simplified chartering process, the National Credit Union Administration seeks to counter the trend of closures and consolidations.
April 28
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LincolnWay Community Bank in Illinois has agreed to be sold to CoVantage in Wisconsin, adding to a trend of bank-credit union deals that has drawn backlash from many small-bank executives.
April 27
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In global news this week, scammers target Revolut's program for Ukrainian refugees; Commerzbank applies for a crypto license in Germany; Nium merging with Socash; MyPinPad merging with SmartPesa; and more.
April 27
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Although small banks and credit unions are enjoying healthier loan portfolios, they are also bracing for potential setbacks due to higher interest rates and inflation.
April 26
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On Dec. 31, 2021. Dollars in thousands.
April 25 -
On Dec. 31, 2021. Dollars in thousands.
April 25 -
On Dec. 31, 2021. Dollars in thousands.
April 25 -
The National Credit Union Administration took steps to increase hires of women, minorities and people with disabilities in 2021, making its staff more representative of the general population.
April 25
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The Expanding Financial Access for Underserved Communities Act will help in the fight to eliminate financial disparities in underserved communities across our country.
April 25
National Association of Federally-Insured Credit Unions -
A recent survey suggests the public thinks banks outperform credit unions on digital offerings. One industry expert says the opposite is true.
April 22
