Community Development Revolving Loan Fund (CDRLF) Grant Initiatives Staff from the NCUA’s Office of Credit Union Resources and Expansion and the Office of the Chief Financial Officer will discuss the grants program and offer success stories […]
In one of the first changes made as a result of the new regulatory relief law enacted just last week, the federal regulator of credit unions announced Friday it had altered its business lending rules […]
The federal regulator of credit unions issued notices in May prohibiting two individuals from participating in the affairs of any federally insured financial institution. In its announcement Thursday, the National Credit Union Administration (NCUA) reported […]
Grants programs related to community development, and success stories from past awardees of the grants, will be highlighted during a June 13 webinar on the Community Development Revolving Loan Fund (CDRLF) for low-income credit unions, […]
The federal regulator of credit unions says it has $2 million available for technical assistance grants and $5.3 million for loans to low-income-designated credit unions through the Community Development Revolving Loan Fund (CDRLF). Funds are […]
A final rule allowing payment of certain severance claims, such as unpaid wages, sick time or vacation time, when a federally insured credit union is involuntarily liquidated was published in the Federal Register Wednesday with […]
The federal regulator of credit unions is proposing a second payday loan option – and perhaps even a third – that it hopes will lead to a “safe harbor” from the federal consumer financial protection […]
The federal regulator of credit unions on Wednesday filed an appeal of a March 29 federal district court ruling vacating two provisions of the agency’s chartering and field-of-membership (FOM) rule. The American Bankers Association (ABA), […]
Federally insured credit unions will receive a $735.7 million “distribution” as early as July, the National Credit Union Administration (NCUA) Board was told Thursday, the result of a dividend from the federal insurance fund that […]
A “streamlined” application process opens June 4 for low-income federally insured credit unions considering becoming community development financial institutions (CDFIs); the period closes on June 22, the federal credit union regulator said Wednesday. The National […]
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