ALEXANDRIA, Va. (9/2/14 11:20 a.m. ET)--Second quarter data from the National Credit Union Administration indicates the highest year-over-year loan growth since 2006, the agency announced today.
Credit union lending numbers continue to come in strong, with July's monthly and year-over-year increases notching levels not seen in years, according to the monthly survey of credit unions from CUNA.
This year's theme for National Preparedness Month is "Take Action to Prepare," and taking just one step can make a difference in getting your credit union ready.
While most of the National Credit Union Administration's day-to-day functions involve its mandate of regulating, chartering and supervising federal credit unions, as well as operating the National Credit Union Share Insurance fund, the agency also exists as a resource to credit unions and their members.
San Francisco Business Times
last week heralded the strength of California's Bay Area credit unions in an article that highlighted the national 100 million membership milestone.
CUNA has issued a comment call for a proposed rule that would clarify and strengthen member/customer due diligence obligations of financial institutions.
President Barack Obama announced he will nominate Seth Carpenter to be the U.S. Treasury's assistant secretary for financial markets.
Three individuals have been prohibited from participating in the affairs of any federally insured credit union, the National Credit Union Administration announced.