Comment letters responding to an NCUA proposal to create a Dodd-Frank mandated Minority Depository Institution preservation program generally support the effort, but some question the costs and need to create a new program.
Initiative also includes $1.5 million deposit at participating credit unions.
Community Development Revolving Loan Fund grants announced by NCUA.
It’s official. Richard Cordray is the director of the CFPB.
The CFPB could be a great danger to credit unions, which it has already demonstrated with a number of regulations, including new mortgage rules.
Industry leader had been on sabbatical since last August; looking ahead to new business ventures, a brokerage and real estate firm, with his wife.
Amy Rapp said her group now has 16 workshops and plans to add more presenters and more curriculum.
Cooperative Finance Leaders for America recruiting, training and supporting 15 new and emerging professionals for leadership positions.
The National Federation of Community Development Credit Unions has started to build a shared back-office platform for CDCUs.
Much fanfare has been made over credit unions’ member growth resurgence over the past 18 months. It’s been wonderful to witness, and with the hard work of the entire credit union community, it can continue in perpetuity.