CU Groups Applaud NCUA Minority Depository Institution Program, but Say More Work Needed

CU Groups Applaud NCUA Minority Depository Institution Program, but Say More Work Needed

From tailored examinations to merger assistance, the NCUA has taken useful first steps in increasing assistance to MDIs, but more work is needed say industry trade associations and MDI credit unions. CUCollaborate’s David Bauman reports.

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House Dem Credit Union Bill Has Bankers, CUs Fired Up

House Dem Credit Union Bill Has Bankers, CUs Fired Up

As the House Financial Services Committee prepares to consider legislation that would allow all federal credit unions to add underserved areas to their fields of membership, the war of words between banks and credit unions has ratcheted up once again, reports David Baumann of the Washington Credit Union Daily.

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Credit Union CEO Asks Congress to Boost CDFI Funding, Simplify Application

Credit Union CEO Asks Congress to Boost CDFI Funding, Simplify Application

David Baumann of the Washington CU Daily reports that Congress should increase funding for the Community Development Financial Institutions program and make it easier for credit unions and banks to become certified, Jeanne Kucey, chief executive officer of the JetStream Federal Credit Union told a Senate Subcommittee.

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