The National Credit Union Administration will remain open, and individual accounts will remain insured, during the federal government shutdown. The NCUA is an independent agency of the federal government, and its operating budget comes from fees...
For Five Star Credit Union, it all comes down to the gross income. So much so, it has received a Raddon Crystal Performance Award six of the last seven years, and one of the biggest reasons for the success is the credit union is good at making money...
Acting Consumer Financial Protection Bureau Director Mick Mulvaney has requested “zero” funding from the Federal Reserve in the second quarter and instead will use reserves to fund the agency. Mulvaney sent a letter Wednesday to Fed...
Credit unions continued to increase their role as secondary lenders for college students last year, with their private student loan portfolios growing faster than those of other private lenders and the federal government. Borrowers requested...
Since 2010, members of Filene Research Institute’s Cooperative Trust have descended upon the CUNA Governmental Affairs Conference (GAC) to participate in conversations on the future and sustainability of the credit union industry. On Feb. 25, 78...
On January 19 the House passed the Home Mortgage Disclosure Adjustment Act (H.R. 2954), legislation introduced by Rep. Tom Emmer (R-Minn.) and backed by the Credit Union National Association. The bill would raise the reporting threshold for certain...