WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has introduced a new graphs tool that utilizes quarterly Home Mortgage Disclosure Act (HMDA) data reported by certain financial institutions.
Fresh Today
ATLANTA—A new solution is bringing more competition to the remittance market—this time from a fintech.
ABU DHABI, U.A.E.—Abu Dhabi has formed a government body to develop its strategy for regulating and promoting the world of virtual assets.
NEW YORK—Even as high inflation continues to put pressure on household budgets, many people say they have at least one gift card they have not used.
ALEXANDRIA, Va.–CUToday.info’s latest review of disclosure forms filed by nine credit unions seeking to merge has found two CUs, both of which posted losses over the first six months, seeking to combine; several CUs with capital north of 22% again not distributing any of that net worth to members; just one acquiring CU of more than a billion in assets (a rarity), and one small CU that still operates out of a person’s home and which does business by phone only.
WASHINGTON—Reps. Andy Barr (R-KY) and John Rose (R-TN) have sent a letter to CDFI Fund Director Jodie Harris regarding CDFI application delays and what they said has been a lack of communication, inconsistent cure periods, and more.
WASHINGTON—House Committee on Financial Services Chairwoman Maxine Waters (D-CA) has announced the committee’s September schedule.
WILKES-BARRE, Penn.—Cross Valley Federal Credit Union is partnering with CURevl to launch a custom education suite of products.
BANNOCKBURN, Ill.–Great Lakes Credit Union (GLCU) said it has introduced an 18-month certificate of deposit that will be available for a limited time.
TEXARKANA, Texas–Red River Employees FCU has partnered with the Cornerstone Foundation, the philanthropic arm of the Cornerstone CU League, to establish a Donor Advised Fund called “RRCU Gives.”