Press

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Centric Federal Credit Union announces retirement of CEO Chris Craighead

WEST MONROE, LA (September 30, 2022) — Centric Federal Credit Union announces the retirement of CEO Chris Craighead, following 30 years of service. Following in his father’s footsteps, Chris began his career at Centric, formerly Forest Kraft, in March 1992 as the President/Chief ...

League of Southeastern Credit Unions assists with hurricane relief

BIRMINGHAM, AL (September 30, 2022) — On Friday, September 30, staff from the League of Southeastern Credit Unions & Affiliates delivered the first round of generators to areas across the coasts of Florida impacted by Hurricane Ian. Over 100 branches across the state of Florida ...

EasCorp advances to next phase of FedNow℠ Service Development

BURLINGTON, MA (September 30, 2022) — Eastern Corporate Federal Credit Union (EasCorp) is taking a giant step forward in the FedNow Service Pilot Program this week when it joins several other financial institutions in testing end-to-end transmission of payment messages using the FedNow instant payment ...

NCUA posts 2023–2024 Proposed Budget, sets October 19 Public Briefing

ALEXANDRIA, VA (September 30, 2022) — The National Credit Union Administration’s staff draft budget for 2023–2024 is now available on the agency’s website for review and comment. The staff draft budget has also been submitted for publication in the Federal Register, and ...

House passes Credit Union Board Modernization Act

WASHINGTON, DC (September 30, 2022) — The CUNA-League-led Credit Union Board Modernization Act (H.R. 6889) passed in the House Thursday with 109 co-sponsors. The bill was introduced by Reps. Juan Vargas, D-Calif., and Anthony Gonzalez, R-Ohio, and spearheaded by CUNA, the California Credit Union ...