August 2023

Featured Story

FDIC Publishes 2023 Risk Review

August 14, 2023 — The Federal Deposit Insurance Corporation (FDIC) today published its 2023 Risk Review. The report summarizes conditions in the U.S. economy, financial markets, and banking industry. The...

No Successor Named as Hood’s Term Comes to a Close

August 15, 2023 — As NCUA board member Rodney Hood’s term comes to a close this month, and with a Democrat expected to take his place, eyes turn to the...

Two Large Minnesota Credit Unions Announce Plan to Merge

Two well-known Minnesota credit unions are planning a merger that would make them the fourth-largest credit union in the state. Leaders of Spire Credit Union and Hiway Credit Union said...

Aug. 4: CFPB Updates This Week

CFPB Sues USASF Servicing for Illegally Disabling Vehicles and for Improper Double-Billing Practices AUG 02, 2023 — The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal court against...