adminCredit unions in Alabama have an opportunity to help their local small businesses through a program from the U.S. Treasury. The state of Alabama still has more than five percent of its $31.3 million in State Small Business Credit Initiative (SSBCI)...
The National Credit Union Administration Thursday announced a settlement with Morgan Stanley for $225 million to resolve claims arising from losses related to corporate credit unions’ purchases of faulty residential mortgage-backed securities. “NCUA...
The CUNA board voted on Thursday to modernize its bylaws to reflect a more open and inclusive form of membership structure. This change comes a few months after the CUNA board had voted to continue with the dual membership model. After having a time...
U.S. antitrust enforcers filed a lawsuit this week seeking to block Staples Inc.’s acquisition of rival Office Depot Inc., arguing that a tie-up of the last large national office-supply chains would eliminate important competition. The acquisition...
CUNA has announced its second speaker for the CUNA GAC, Feb. 21-25 in Washington, D.C. Longtime journalist Ted Koppel will discuss the likelihood of a cyberattack on America’s infrastructure and the potential consequences it would have. The...
Credit unions continue to see good news from Capitol Hill as two bills were passed by the House Financial Services Committee on Wednesday that were supported by the industry. H.R. 2287, the NCUA Budget Transparency Act, and H.R. 2205, the Data...