CUNA released a detailed analysis of the Federal Housing Finance Agency’s (FHFA) report on the Federal Home Loan Bank (FHLBank) system to get credit unions thinking about how they use the FHLBank system and potential impacts of the report. CUNA’s summary pairs FHFA’s objectives identified in the report with FHFA’s corresponding recommendation.
CUNA Chief Economist Mike Schenk discusses loan delinquency trends in America in this month’s Economic Update, and breaks down current metrics such as household debt as a percent of disposable income and the financial health of Americans.
On November 9, 2023, Warren General Hospital (“WGH”) filed a notice of data breach with the U.S. Department of Health and Human Services Office for Civil Rights after discovering that an unknown actor accessed certain WGH computer systems
MANHATTAN BEACH, Calif., Nov. 22, 2023 /PRNewswire/ -- Kinecta Federal Credit Union was joined by Rep. Maxine Waters and community leader Dr. Alice 'Sweet Alice' Harris on Sunday, November 19th, 2023, to distribute holiday meals to families in South Los Angeles. Senator Steven Bradford showed his support by visiting Kinecta while employees prepared for the distribution event. The 50th annual holiday food drive aided nearly 1,500 families at distribution events in Southern California and Rochester, New York.
Credit union loans outstanding increased 0.5% in September, compared to a 0.8% increase in August of 2023 and a 1.7% increase in September of 2022, according to CUNA's latest Monthly Credit Union Estimates.
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