New data from the state regulator shows gains across several key metrics even as allowances for loan losses surged and the loan-to-savings ratio fell by more than 10 points.
A bill updating the commonwealth's credit union act, signed into law on Jan. 12, is said to be the most comprehensive update of the state charter in 30 years.
To shore up the share insurance fund, the National Credit Union Administration would be wise to give the industry additional temporary investment options.
New data from the state regulator showed that CUs in the Badger State grew assets by 28% during the first half of this year, up from 14% during the same period in 2019.
Despite what one critic says, Alaska USA Federal Credit Union’s acquisition of branches from TCF Financial will help underserved communities in Arizona.
