News

First Commerce CU expects its acquisition of The Citizens Bank to be completed by the second quarter of 2020.

A growing group would rather Congress fix federal marijuana laws first, before taking on marijuana banking.

Advocates had been pushing Congress to provide $300 million for the program. The Senate bill includes $250 million in funding.

The NCUA rates the credit union "significantly undercapitalized" in its second quarter report.

In a rare move, the NCUA publicly comments on Edward Rostohar's 20-year scheme that led to the credit union's collapse.

FASB has proposed pushing back the effective date for CU compliance with CECL to January 2023.