WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued an advanced notice of proposed rulemaking (ANPRM) on creating a No Action Letter (NAL) program, a topic the agency first shared with Congress this time last year.
Fresh Today
MADISON, Wis.–As part of its Discovery Webinar Series, CUNA Mutual will host a webinar today titled, “Trends in Payments for 2022 and Beyond.”
WASHINGTON—The Federal Housing Finance Administration (FHFA) has published a final rule that requires the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, to submit annual capital plans to the agency for approval.
WASHINGTON—Leaders from CUNA, the Illinois Credit Union League, Faith-Based Credit Union Alliance, Inclusiv, and CUNA Mutual Group, met with leaders from the Congressional Black Caucus (CBC) in Chicago.
WICHITA, Kan.–Wichita Federal Credit Union growth has led the CU to make plans to move its support services, technology and leadership teams into a new building.
WASHINGTON– The American Association of Consumer Credit Professionals (AACCP) is lauding the introduction of consumer protection legislation that seeks to restore Americans’ right to seek help to improve their credit by repealing a loophole in the Fair Credit Reporting Act (FCRA) the organization said is being exploited.
WASHINGTON—The Federal Trade Commission has finalized an order against Electronic Payment Systems for allegedly opening credit card processing merchant accounts for fictitious companies on behalf of Money Now Funding, a business opportunity scam that the FTC previously sued, the FTC reported.
ARLINGTON, Va.—Total vehicle sales fell to 12.7 million annualized units in May from 14.5 million annualized units in April; monthly sales levels were down 24.8% year over year.
WASHINGTON—Four members of Congress have unveiled draft bipartisan data privacy legislation, that seeks to create a comprehensive federal data privacy and security standard, but one CU trade group is objecting to its provisions.
UNITY, Maine–A credit union that was years in the making before it finally opened in 2020 has announced plans to merge.