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Invest Deposits Wisely

Credit unions will face a challenge meeting income needs in the coming year as deposit growth has been strong but loan demand is still limited. Investment portfolios are taking center stage as credit unions must invest these excess deposits in a time when yields are low and risks are high. **** Read More At; Invest Deposits Wisely

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New CEO Named at SF Fire CU

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Crews Shares Vision For NCUA, Refuses To Enter Board Battle

By Ray Birch WASHINGTON—NCUA nominee John Crews used his Senate Banking Committee confirmation hearing Thursday to lay out an agenda centered on reducing regulatory burden for smaller credit unions, encouraging technological innovation and reviving the formation of new credit unions, while declining to weigh in on the legality of the NCUA's current one-member board because of pending litigation. Although much of the hearing was dominated by sharp questioning of fellow nominee Christopher Phelan over the economy, inflation, tax policy and President Trump's agenda, Crews' exchanges with senators offered insights into how he might approach regulating the credit union system if confirmed. The hearing proceeded despite questions on Capitol Hill over whether it would even take place following Wednesday's political turmoil surrounding President Trump's demand that Congress pass the SAVE America Act before he signs bipartisan housing legislation and the Senate's decisio...
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NCUA Board Meeting Coverage: Here’s Where Deregulation Project Stands

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DC Round-Up

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Healthcare Fraud Sweep

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Facial recognition to secure payments will exceed 1.4 billion globally by 2025

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