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The credit union regulator released its annual diversity report, which showed that more minorities were in senior roles but examiners remained predominantly white and male.
April 21 -
Renee Christoffer will take over leading the institution when Monte Berg, the current president and CEO, steps down at the end of July.
April 21 -
Major national and international summer shows were all canceled within 24 hours of one another, and many smaller state-level events have already been called off or postponed.
April 21 -
Lawmakers are considering a plan to reserve Paycheck Protection Program funds for lenders with $50 billion in assets or less, a figure that would include nearly all credit unions.
April 20 -
Southwest HealthCare Credit Union agreed to merge into Canyon State because of increased competition and regulatory demands.
April 20 -
Overall credit card spending is down 32% while debit card purchases have declined by 12% for the week ending April 12.
April 20 -
Congress won’t be back to Washington for at least two weeks but credit unions already have a laundry list of requests for lawmakers to consider.
April 20 -
This is the first time since 2014 that the regulator won't penalize credit unions that file within 30 days of the deadline.
April 20 -
Smaller institutions should prepare themselves for some of what the competition has experienced, including increased provisions for losses and declining net interest margins.
April 20 -
Community development financial institutions, including credit unions, have a unique role to play as the nation weathers the economic fallout from COVID-19, but they can't do it alone.
April 17
Inclusiv -
State and federal trade associations are calling on lawmakers to move past an impasse after the Paycheck Protection Program ran out of money in just two weeks.
April 17 -
Despite limiting branch access and embracing social distancing, member-facing employees at some institutions have contracted COVID-19, and those few could be the tip of the iceberg.
April 17 -
The National Credit Union Administration is giving lenders and borrowers extra time to complete appraisals to ensure mortgages are still being completed despite the pandemic.
April 16 -
The Small Business Administration stopped approving loans when the Paycheck Protection Program hit its cap.
April 16 -
Legislation announced Wednesday would allow credit unions to make coronavirus relief loans to businesses without fear of bumping up against the member business lending cap.
April 16 -
Many credit union employees are currently working from home to slow the spread of COVID-19 but this can invite more attacks from cyber criminals.
April 15 -
The $1.8 billion-asset institution will likely absorb Spartanburg City Employees FCU later this year, following a vote of that CU's members next month.
April 15 -
Gov. Brad Little recently signed legislation into law clarifying matters related to lending, investments and fixed assets.
April 15 -
As universities move classes online, there are signs enrollment could be down in the coming academic year. That could have a major impact on credit unions’ private student loan portfolios.
April 15 -
The industry was already on a path toward increased digital services, but the global pandemic is showing why CUs need to speed up that process.
April 14
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