News Archives

CDFI Fund announces Bank Enterprise Awards

CDFI Fund announces Bank Enterprise Awards

The Community Development Financial Institutions (CDFI) Fund on Wednesday announced it has awarded $26 million to 158 Federal Deposit Insurance Corp. (FDIC)-insured banks as part of its FY21 round of the Bank Enterprise Award ([...]

Rep. Upton announces retirement

Rep. Upton announces retirement

Rep. Fred Upton, R-Mich., announced he will not seek re-election in 2022. Upton, who has served in Congress since 1987, has long supported credit unions. “Fred Upton has long been a friend to America’s [...]

Movement celebrates National Credit Union Youth Month

Movement celebrates National Credit Union Youth Month

The credit union movement is celebrating National Credit Union Youth Month throughout April. The theme of 2022's Youth Month, sponsored by EVERFI, is "Save Small. Dream Big. at your credit union™" Credit unions will spend [...]

NCUA webinar on overdraft programs

NCUA webinar on overdraft programs

Last week, NCUA hosted a webinar to discuss overdraft programs and alternatives. At the start of the webinar, chairman Harper explained how heavy reliance on overdraft programs can harm members, especially during the pandemic when [...]

Credit union trades ask NCUA to abandon succession rule

Credit union trades ask NCUA to abandon succession rule

The National Credit Union Administration (NCUA) should not micromanage federal credit unions by issuing a proscriptive rule requiring them to have succession plans, credit union trade groups told the agency in comments on a proposed [...]