Board Member McWatters argues that $100 million isn't high enough and puts credit unions at a disadvantage compared to banks.
Redeemer FCU of Greenville, Texas, will serve members of the Redeemer Christian Church.
Grants will help credit unions implement digital improvements, new products, branches and EMV cards.
With credit unions losing millions to internal fraud, it may be time to implement strict procedures.
Credit unions live by the philosophy of "People Helping People,” but do they really reach out and help the low- income population, specifically as it relates to mortgages?
Growing regulations make chartering a new credit union more difficult than in the past, CUANY says.
The agency makes new funds available in 2015's second round of Community Development Loan Fund grants.
Of the 56 late filing credit unions, 20 were excused, 28 consented to fines, and eight refused and will receive administrative hearings.
Credit unions can return portions that no longer count toward net worth.
Agency to distribute funds that will assist 153 credit unions with staffing needs.