CUNA continues to have grave concerns with the Federal Accounting Standards Board credit impairment proposal, concerns it expressed in a letter to National Credit Union Administration Chair Debbie Matz Tuesday.
Following its decision to continue federal credit unions’ current interest rate ceiling until March 10, 2017, the National Credit Union Administration issued a Letter to Federal Credit Unions both announcing the rate decision and offering more information.
WASHINGTON (7/29/15 UPDATED 2:18 p.m. ET)--The Federal Open Market Committee is maintaining the federal funds rate, citing “moderate” expansion of U.S. economic activity in its post-meeting statement this afternoon.
WASHINGTON (7/29/15 UPDATED 1:30 p.m. ET)--In another state legislative victory that CUNA and the Illinois Credit Union League say underscores the value of the CUNA-league structure in advocating for credit unions, Illinois Gov. Bruce Rauner signed HB 2477 into law Tuesday.