OAKLAND, Calif. — California Attorney General Rob Bonta has joined a coalition of 16 attorneys general in opposing a proposed rule from the Office of the Comptroller of the Currency and the FDIC that would sharply limit federal banking regulators’ authority to supervise banks and enforce consumer protection laws, according to a release from Bonta’s office.
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WARREN, Ohio —The $1.9-billion 7 17 Credit Union here intends to merge in $2-million Teamsters Local 92 Federal Credit Union, based in in Canton, the Tribune Chronicle reported.
ROMEOVILLE, Ill. — The $380-million Abri Credit Union here has disclosed a major data breach that exposed sensitive personal information of its members, according to reporting by Credit Claim Depot and a disclosure filed with the Massachusetts Attorney General.
WASHINGTON--The Internal Revenue Service has released a proposed rule implementing the auto-loan interest deduction provisions included in H.R. 1, the budget reconciliation bill enacted earlier this year. America’s Credit Unions said it has urged the agency to provide additional clarity on how the deduction would be applied.
WASHINGTON — President Donald Trump on Friday renewed a campaign promise to cap credit card interest rates, calling for a one-year limit of 10% beginning Jan. 20, though he offered no details on how such a cap would be enforced or implemented, Reuters reported.
MCLEAN, Va.--The 30-year fixed-rate mortgage fell this week, averaging 6.15%, Freddie Mac said.
ALEXANDRIA, Va. — NCUA issued three consent-based prohibition orders in December, permanently barring the individuals named below from participating in the affairs of any federally insured depository institution.
FRAMINGHAM, Mass. — MetroWest Community Federal Credit Union disclosed a data breach that exposed the personal information of more than 7,600 individuals in Massachusetts and Rhode Island, according to Claim Depot.
WASHINGTON— Divisions inside the Federal Reserve ran deeper than the final vote suggests when policymakers cut interest rates earlier in December, according to FOMC meeting minutes released this week.
TRAVERSE CITY, Mich. —The $1-billion 4Front Credit Union here has purchased Horizon Bank’s Charlevoix branch, acquiring the building, its customers, and the branch’s book of business.