NASCUS Adopts Diversity, Inclusion Policy
At the NASCUS State Summit, a policy about diversity and inclusion was adopted and NASCUS reasserted its independence. A report on the NASCUS State Summit.
Improve Credit Union Exam Consistency, Extend Exam Cycle, CU Trades Tell NCUA
CUNA, NAFCU, and NASCUS raise concerns about exam consistency with the NCUA.
NCUA’s Hood Says He Gets Pulled Over Twice a Year Simply Because He’s Black
Rodney Hood may be the head of a federal agency, but as a Black man, that doesn’t make him immune from being pulled over by the police twice a year for no good reason. “You all, I get stopped twice a year for driving, for doing nothing wrong,” the chairman of the National Credit Union Administration board said Thursday, during a web conference, “Discovery 2020,” sponsored by the CUNA Mutual Group. Hood continued, “I’m not a speed demon or anything of that sort. I get stopped because the rationale is that if you stop someone who looks like me, there’s
Credit Union Trade Groups Ask Federal Reserve to Carve ‘Regulation D’ Rule Change in Stone
Credit union trade groups are pushing the Federal Reserve to definitely state that it has no plans to reinstate a rule that limited consumers to six transactions a month from their savings account.
SBA Releases Loan Forgiveness Applications for PPP Borrowers Without Directions for Credit Unions
The Small Business Administration has told borrowers under its Paycheck Protection Program how to apply for loan forgiveness but has not yet told credit unions and banks how those applications should be handled—a problem that could be particularly thorny for credit unions.