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CU Times covers the NCUA, CUNA, NAFCU, CFPB as well as Congress to keep credit union executives up-to-date on regulatory and compliance changes coming out of Washington, D.C.
For the first time in more than two years, board members hold an in-person meeting.
The House passes a companion version in June, but the clock is ticking on the session.
It's estimated that $3.7 billion in PPP loans were mistakenly issued to more than 300,000 small businesses.
It's unacceptable for CUs, which are eager to invest in communities in need, to be impeded by the Fund's bureaucratic issues.
New rules for Current Expected Credit Losses (CECL) take effect Jan. 1.
NAFCU officials reflect on the work they've done for more than five decades.
The concern revolves around the CFPB's proposed revisions to existing collection language for credit card agreements.
The agency will host a webinar to go over these updates on Sept. 15.
The grant money will help these credit unions expand financial services to the underserved.
Jeff Olson says $10.5 million in recovered assets from the failed Midwest Corporate FCU belong to 30 North Dakota credit unions.