Melissa Angell
Inc.com
New York, United States
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Past articles by Melissa:
What You Need to Know About Log4j: the Nasty Software Bug Posing a Major Threat to Small Businesses
A multitude of apps may be vulnerable. → Read More
VyStar looks to bulk up call center staffing
The Jacksonville, Fla.-based credit union said it needs the extra staff to handle an influx of member calls and to help with a planned expansion. → Read More
'I could have been George Floyd': NCUA's Hood
The chairman of the National Credit Union Administration spoke candidly about his experiences as a Black man during a panel discussion that touched on issues including race and the pandemic. → Read More
CUNA outlines plans to confront systemic racism
A report from the trade group, released Tuesday, follows a June resolution from its board of directors recognizing historic, systemic and institutional racism in the U.S. → Read More
Week ahead: What will coronavirus relief look like for credit unions?
Trade groups are still pushing for the industry's priorities, such as temporarily lifting the member business lending cap, as negotiations over the next round of aid continue. → Read More
Senate bill would provide CDFIs $2B lifeline for emergencies
The account would complement the existing Community Development Financial Institutions Fund and could be replenished annually if banks and credit unions use the funds to help when natural disasters and other crises occur. → Read More
Week ahead: Can Senate move on credit union issues before August recess?
The Senate Banking Committee will vote this week on Kyle Hauptman's nomination to the NCUA board while the full chamber continues to debate additional coronavirus relief measures. → Read More
NCUA bans one former credit union staffer in July
The regulator banned a former employee of a Florida-based credit union from working at any federally insured financial institution. → Read More
Syracuse Fire Department Employees FCU appoints new CEO
Andrea Thune will take the helm next month, succeeding retiring chief executive Jeffrey Fregale. → Read More
Blocked from hazard pay grants, Pa. banks and credit unions push back
The financial services industry urged Gov. Tom Wolf to reconsider guidelines that excluded their employees from receiving this benefit. → Read More
Netflix’s move to back Black-led lenders could spur others
The streaming service is taking out a two-year certificate of deposit with Hope Credit Union, which plans to use the funding to provide credit to communities often overlooked by mainstream banking. → Read More
Week ahead: NCUA expected to finalize field-of-membership rule
The National Credit Union Administration will also discuss the current expected credit loss standard, which trade groups have argued that the industry should be exempt from. → Read More
Health savings account business lags at Webster
The slowdown in elective medical procedures caused by the coronavirus pandemic led to less spending from HSAs and a decline in interchange income for the Connecticut bank. → Read More
SchoolsFirst under fire for lack of board diversity
Recruiting directors from a variety of backgrounds is a challenge familiar to many credit unions. A member of one of the nation's largest CUs is calling for that institution to address the problem. → Read More
Taxpayer advocacy group ties lifting MBL cap to greater transparency
A letter from the National Taxpayers Union requested changes, such as requiring federal credit unions to fill out a certain IRS form for non-profits, before lawmakers considered easing member business lending limits. → Read More
In Senate hearing, NCUA nominee forced to defend credentials
Kyle Hauptman pledged to focus on capital reform and expanding access for the underserved if confirmed to the credit union regulator's board, but one senator questioned whether the nominee was even qualified to serve. → Read More
Week ahead: Hauptman hearing on tap, slower recovery expected
The latest nominee to the National Credit Union Administration board is set to appear before a Senate committee while a new forecast indicates the economy could take longer to turn around than expected. → Read More
Members shoot down another credit union merger
A merger proposal at Partners Financial Federal Credit Union was rejected in a member vote. The failure has revealed tensions between management and the board. → Read More
Small Pa. credit union claims partial victory in Fiserv lawsuit
A court denied part of Fiserv's motion to dismiss the suit involving Bessemer System Federal Credit Union. → Read More
Robins Financial Credit Union selects first female CEO
Christina O’Brien has worked at the Warner Robins, Ga.-based credit union for almost 30 years in a variety of roles. → Read More