The House Appropriations Committee today is considering a spending bill that would cut the NCUA’s Community Development Revolving Loan Fund by 75% and 19% from the Treasury Department’s Community Development Financial Institutions Fund.
The current landscape of business deposits may change when a Federal Reserve Act section is repealed in July.
Pen Air FCU is adding to its rewards programs instead of taking away, bucking the current trend.
Credit union boards and not federal regulators should be responsible for determining compensation caps for their executives. The Dodd-Frank legislation says otherwise.