As recent and devastating floods affect areas throughout Texas and Oklahoma, the National Credit Union Administration announced Thursday that it is working with federally insured credit unions in those areas to ensure continuity of service.
Questions that credit unions have regarding the National Credit Union Administration’s April 2014 supervisory guidance on taxi medallion lending are answered in a new document sent to federally insured credit unions by the agency.
Up to $2 million in grants will be available to low-income credit unions in the second round of the National Credit Union Administration Community Development Revolving Loan Fund, the agency announced Monday.
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.