News

The Charleston, S.C.-based CU's financials show net losses and high delinquent loan ratios in the first three quarters of 2020.

Thayne Shaffer takes over the helm at America First Credit Union following the April 1 retirement of John Lund.

"Credit unions have important potential to serve unbanked consumers."

The agency bans 35 ex-employees in 2020, down from 40 in 2019. The NCUA also issues two cease and desist orders in 2019.

New anti-money laundering measures require companies to disclose their beneficial owners at the time a company is formed.

New Paycheck Protection Program lowers the cap, but widens forgiveness.