During their monthly meeting yesterday, the NCUA board of directors approved a final rule amending the agency’s real estate appraisal requirements for certain transactions.
Continue reading “NCUA board finalizes rule to increase threshold for real estate appraisals”
Sunmark FCU, based in Latham, is the latest New York credit union to announce plans to convert to a state charter. The conversion is the latest example of how changes to the state charter championed by the New York Credit Union Association have made it easier for credit unions to grow to meet member needs.
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The New York Credit Union Association has added a new Basic Accounting Workshop to its events lineup. The new session will be held Friday, Aug. 16, at the Federal Home Loan Bank of New York offices on Park Avenue in Manhattan.
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Facebook, once viewed simply as a social networking platform, has morphed into one of the largest and most complex companies in the world. Now the company wants to add a new cryptocurrency known as Libra to its sprawling web of offshoot enterprises.
Continue reading “What Facebook’s Libra cryptocurrency means for CUs”
