Clock is Ticking as NCUA Takes Action on Liquidity Access for Credit Unions

The NCUA has scheduled a webinar for Aug. 14 to discuss upcoming changes and proposed rules related to the closure of U.S. Central Federal Credit Union, which will leave 6,000 credit unions without access to emergency borrowing programs.

Will the US Debt Downgrade Result in an influx of Cash Deposits in Credit Unions?

Standard and Poor’s downgrade of the U.S. credit rating is causing stress as Americans wonder whether cash deposits are safer havens for their money than the volatile stock market. This could present a challenge for credit unions.