Credit Union Times | Accurate and Timely CU News

NCUA Grants New Credit Union Charter to Fair Break FCU in Tennessee

By Peter Strozniak

Organizers of the new credit union must raise $600,000 in capital under the federal agency's provisional charter pilot initiative.

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Credit Unions in Five States Appoint New CEOs

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NCUA Worries About Rising Delinquencies

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June 05, 2024

Police Investigate Former Navy Federal Employee's Alleged Fraud Scheme

Steven Verrett faces 28 criminal charges, but police say additional multiple arrests of coconspirators are pending.

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June 05, 2024

Open Banking Process Launched by CFPB

The Bureau's new rule establishes a process for recognizing data sharing standards.

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June 04, 2024

Michigan's ELGA Credit Union Plans to Buy Florida's Marine Bank

If approved by regulators and shareholders, the $79.5 million cash deal is expected to close in early 2025.

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June 04, 2024

Commercial Delinquencies for Credit Unions & Others Rise in Q1

Data from the NCUA and Mortgage Bankers Association shows increases from December at CUs and most investment groups.

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June 04, 2024

Credit Unions Contribute $3.6 Million to Nonprofits

SECU Foundation and Teachers FCU announce support for the Caring House and CMN Hospitals over the holiday week.

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June 04, 2024

KBRA: CU Auto Securitizations Likely to Rise More

Credit unions are using securitizations to relieve tight liquidity and reduce borrowing.

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June 03, 2024

Most Claims Against Navy Federal's Racial Mortgage Approval Disparities Are Dismissed

The federal judge, however, allows Navy Federal members' legal action to move forward but not as a class action lawsuit.

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Top News Stories

NCUA Grants New Credit Union Charter to Fair Break FCU in Tennessee

Credit Unions in Five States Appoint New CEOs

NCUA Worries About Rising Delinquencies

Recommended Just For You

News Stories

Police Investigate Former Navy Federal Employee's Alleged Fraud Scheme

Open Banking Process Launched by CFPB

Michigan's ELGA Credit Union Plans to Buy Florida's Marine Bank

Commercial Delinquencies for Credit Unions & Others Rise in Q1

Credit Unions Contribute $3.6 Million to Nonprofits

KBRA: CU Auto Securitizations Likely to Rise More

Most Claims Against Navy Federal's Racial Mortgage Approval Disparities Are Dismissed