In accordance with Executive Order 14406 “Restoring Integrity to America’s Financial System”, the National Credit Union Administration along with fellow agencies the Office of the Comptroller of Currency and the Federal Deposit Insurance Corporation have issued guidance on lending to individuals not legally authorized to work in the United States. CUSO Magazine’s Esteban Camargo reports.
Chip Filson shares the history of the NCUSIF including why it was created, why it works so well in comparison to the FDIC, the difference its made, and what its role is in the cooperative system today.
Dr. Jerri Bland talks about the chapter that credit unions have failed to write: the story of what happens not just post a core conversion, but once the follow ups and communication dwindle to nothing, and how CUSOs can correct this.
In her new series, Following Filene, Emily Claus takes readers on a journey through Edward Filene’s path to becoming the “Father of U.S. Credit Unions,” starting with his time working as a businessman in Boston managing his family’s department store.
In a letter sent to NCUA Board Chair Kyle Hauptman at the end of June, Senator Elizabeth Warren questioned the agency’s deregulation project, shared concerns over the rolled back policies, and requested a briefing with Hauptman no later than July 16th, Emily Claus reports.
