Total assets in federally insured credit unions rose by $96 billion, or 4.4%, over the year ending in the first quarter of 2024 to $2.31 trillion, according to the latest financial performance data released by the NCUA. Total loans outstanding increased $71 billion, or 4.6%, to $1.60 trillion during the same period. Insured shares and …
The CFPB finalized a rule Wednesday outlining the process by which a standard setting organization (SSO) gains recognition from the bureau. The rule supplements an October 2023 Personal Financial Data Rights proposal by describing in greater detail how an SSO will apply to the CFPB for recognition and issue consensus standards when the full section …
All 17 credit union-supported candidates won in primary elections Tuesday in Iowa, Montana, New Jersey, New Mexico, and South Dakota. Each candidate was supported by America’s Credit Unions PAC and the League from their state or district. Two credit-union backed candidates won primaries for an open seat. Rep. Andy Kim, D-N.J., won his primary in New …
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