News

Saying that "lending limits should be regulatory, not statutory," NCUA Chairman Debbie Matz wrote a senior Treasury Department official to raise or eliminate the statutory limit on member business loans.

The $18 billion State Employees' Credit Union is trying to find a soft spot with the IRS as the cooperative continues to make the case that it can help the agency find recipients of unclaimed tax refunds.

Credit unions reported increased delinquencies and charge-offs and modest returns on average assets but also saw increases in assets and shares, according to data released today by the NCUA.

Celebrating its 40th anniversary, UT Federal Credit Union is also marking the launch of a new investment and insurance division and its homecoming on the University of Tennessee's campus.

Consumers are cautiously optimistic about the economy, but aren't super confident about it.

Leaders from community development credit unions affiliated with the National Federation of CDCUs are pushing the NCUA and the U.S. Treasury to respond with increased understanding and resources to the needs of the financial institutions.