News

NCUA News for Credit Union Web Design and Hosting.

  • Federal Judge Sentences Former CEO to Prison for Fraud

    After more than a year of delays, a federal judge on Wednesday sentenced former Valor Federal Credit Union President/CEO Sean…

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  • Has Sexual Harassment Mania Gone Too Far?

    People just can’t seem to stop talking about sexual harassment. And all this talk doesn’t seem to be helping to…

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  • NCUA Bans Four Former Credit Union Employees

    Four former credit union employees, including a manager and a long-time teller and administrative assistant were banned Wednesday by the…

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  • Michigan CU Bank Purchase Called Off

    The $852 million Honor Credit Union of Berrien Springs, Mich. will not buy the $53.3 million Citizens State Bank of…

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  • NCUA Liquidates Chicago Credit Union

    The $116,449 St. Elizabeth’s Credit Union in Chicago became the first credit union liquidation of 2018, the NCUA said Tuesday.…

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  • Fate of ADA Lawsuits Hazy for CUs Despite Virginia Decision

    Recent news of Northwest Federal Credit Union’s successful challenge to an ADA lawsuit may seem like an omen for the…

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  • Savings Rate Dips to Pre-Recession Low

    Consumers ended 2017 by accelerating spending faster than their incomes, squeezing their savings rate to its lowest levels since the…

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  • India & Mexico Get an Early Taste of the ‘Bank of Amazon’

    As Wall Street worries about someday going up against the “Bank of Amazon,” recent moves by the online shopping Goliath…

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  • No Mobile Banking Features? You’re Becoming a ‘Dinosaur’

    Data from a new survey by the Federal Reserve Bank of Boston suggests that credit unions that don’t offer mobile…

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  • NCUA: Streamlined Process to Certify CDFIs in Areas Hit by Hurricanes

    Low-income credit unions in Florida, Puerto Rico, Texas, and the U.S. Virgin Islands, hit hard by recent hurricanes, are eligible…

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