Because they hold credit unions in such high regard, credit union members are more likely than bank customers to keep a greater portion of their holdings with their financial institution--an encouraging development as credit unions continue to seek ways to expand member outreach, according to a new Filene Research Institute white paper.
The civil money penalty process and how it applies to late call-report filers are detailed in the July issue of
The NCUA Report
, which was published Tuesday.
Hispanics are likely to have clear financial goals but are unsure about how to achieve them, according to a recent survey by Prudential, thus giving credit unions an opportunity to start conversations about how they can support these goals.
In response to Target Corp.'s attempt to delay discovery in multidistrict litigation regarding last year's data security breach, plaintiffs filed a joint memorandum opposing Target's request.
Rep. Blaine Luetkemeyer's (R-Mo.) bill known as the Access to Affordable Mortgages Act would provide regulatory relief for heavily burdened credit unions and increase access to mortgage credit for middle- and low-income borrowers, CUNA said in a letter of support for H.R. 5148.
The credit union community is offering assistance to victims of the Carlton Complex fire in central Washington, with an initial $5,000 donated by the Northwest Credit Union Foundation.
The U.S. Treasury's Community Development Financial Institutions Fund has announced five free webinars starting in August on the topic of financing community health centers in underserved communities.
National housing market numbers may have underwhelmed lately, but one bright spot has been mortgages approved by the U.S. Department of Veterans Affairs, which offer attractive home loans to current and former military servicemembers.