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July 12, 2024

The Credit Union industry’s most important updates

Introducing Velera

NCUA board to vote on succession planning, compensation proposals

The NCUA board will vote on succession planning and incentive-based compensation arrangement proposed rules at its July 18 board meeting. The agenda also lists an item on the federal credit union loan interest rate ceiling. America’s Credit Unions’ legacy organizations have called on NCUA to raise the interest rate ceiling in recent years, and supported …

Inflation falls in June

The Bureau of Labor and Statistics (BLS) released June’s Consumer Price Index report Thursday, noting inflation declined 0.1% last month.   “June headline prices fell for the first time in over two years due to declines in energy and vehicles prices and substantial cooling in shelter price increase. This is great news when combined with last …

America’s Credit Unions Annual General Meeting scheduled for WCUC

America’s Credit Unions will host its first Annual General Meeting July 22 in conjunction with the World Credit Union Conference in Boston. It will take place in Room 160 of the Boston Convention Exhibition Center from 10:30 to 11:15 a.m. The meeting will provide an update to member credit unions and Leagues on the financial …

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