From East and West, Midwest and South, credit union people in the news.
More than 80% of small business loans made by SBLF participants were made in amounts of $250,000 or less, according to the Treasury Department.
NCUA Chairman Debbie Matz last week announced the selection of James Hagen as the agency’s next inspector general. Hagen, the current deputy inspector general for audit, will assume his new post June 1. He will succeed William DeSarno, who is retiring.
Designation of insurer would be a change after 150 years of strictly state regulation.
Inspector General says community banks did not sufficiently use bailout money to increase lending to small businesses.
First public design contest from the Mint since 1992.
Outgoing CEO, board chair agree that resignation is voluntary; Burns says he seeks new challenge.
The old-fashioned holdup may not hold a candle to these inside jobs, identity thefts and cyber heists, especially for crooks who want to avoid jail.
Feds ending paper payments of Social Security, other benefits on March 1, California credit union notes.
As some credit unions around the country gear up to apply for grant money from the U.S. Treasury’s Community Development Financial Institutions Fund, there are indications that credit unions are gradually becoming more sophisticated about navigating the grant writing process.