Federally insured, low-income credit unions seeking a Community Development Financial Institution (CDFI) certification can apply for NCUA’s streamlined qualification process between Sept. 12 and Oct. 15.

CUNA offices in Washington, D.C. and Madison, Wis. will be closed Monday, Sept. 6 in observance of Labor Day. There will be no Daily email Monday, Sept. 6. The Daily will resume Tuesday, Sept. 7. 

NCUA will host a webinar on the agency’s modernized examination tools Sept. 8 focusing on its new examination platforms and systems, including MERIT. The webinar will discuss the benefits of these systems to credit unions and federal and state examiners

The CFPB announced Friday that the agency is issuing new technical specifications for complying with credit card agreement and data submission requirements under the TILA and CARD Act.

Credit Union National Association (CUNA) announced Mbanq CUSO as our newest associate business member, joining CUNA’s advocacy efforts to support and advance the credit union movement.

CUNA Strategic Services has selected Proforma Fund as its newest alliance provider.

The Ohio Credit Union Foundation is hosting a virtual birthday celebration for the “mother of credit unions” Louise McCarren Herring at 2 p.m. CT Sept. 20.

Credit union loans outstanding increased 1.0% in June, compared to a 0.8% increase in May and a 0.7% increase in June 2020, according to CUNA’s latest Monthly Credit Union Estimates.

Jim Hayes has been named as the new president/CEO for State Employees Credit Union in Raleigh, N.C. Hayes was most recently president/CEO of Andrews Federal Credit Union in Suitland, Md.

Credit Union Awareness, LLC announced Monday that credit unions in Atlanta, Georgia are joining those from 26 other states in launching the Credit Union Awareness initiative.