Economy, Credit Union Growth to Remain Strong in 2017

Credit unions will remain healthy during the next year, as memberships continue to grow, CUNA Mutual Group Chief Economist Steve Rick predicted Tuesday. “The economy will continue to grow,” Rick said at the CUNA Mutual Group’s annual Discovery...

NCUA to Pay Off $1 Billion Treasury Loan By Oct. 31

The NCUA will repay the U.S. Treasury the $1 billion outstanding balance on the agency’s borrowing line by Oct. 31, NCUA officials announced today. With that payment, the Temporary Corporate Credit Union Stabilization Fund’s outstanding borrowings from the...

SEC Launches New FINRA Inspection Team

The Securities and Exchange Commission has launched a dedicated inspection team to oversee the Financial Industry Regulatory Authority, Marc Wyatt, director of the agency’s Office of Compliance Inspections and Examinations, said Monday. The new group, FINRA and...