Firefighter Credit Union Newsroom

The NCUA’s Modern Examination and Risk Identification Tool (MERIT) will be released to all examination staff during the second half of 2020, agency board Chairman Rodney Hood told credit unions Tuesday. . In the agency’s annual letter outlining the NCUA’s supervisory priorities, Hood also said that NCUA Connect, a common entry point for authorized users to gain access to NCUA applications, also will be made available this year. The NCUA has conducted a limited launch of the MERIT system. Hood said that unlike the current examination process, known as AIRES, credit unions will be able to use MERIT for several activities, including the secure transferring of documents, providing status updates, requesting due date changes on corrective actions and securely accessing completed examinations. In his letter, Hood provided details of the agency’s supervisory priorities for the year:   Bank Secrecy Act & Anti-Money Laundering Hood said the agency will contin...

LOS ANGELES, CALIFORNIA – Firefighters First Credit Union distributed more than $2 million in profit sharing proceeds to their membership comprised of career firefighters and their families nationwide. This marks the 38 th year the organization has honored their legacy built upon “firefighters helping firefighters.” This year’s distribution brings total profits returned to members to over $48 million.  “Firefighters do so much more than respond to fires. They make communities safer, stronger and better prepared for emergencies,” said Dixie Abramian, Firefighters First Credit Union’s President/CEO. “They stayed strong all year—through wildfires, hurricanes, floods and other emergencies that happened nationwide. We are heartened by how much firefighters and their families give back to their communities and are proud to share our success with them. No group is more deserving than the Fire Family.”  Firefighters First Credit Union gave back to members by improving the...