WASHINGTON–It will be a busy day for politics today with five states conducting primaries in which credit unions and their political action committees have invested more than $169,000 on 31 candidates.
Fresh Today
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has published a report examining mortgage servicers’ responses to the COVID-19 pandemic, which it said reveals homeowners continue to face significant risks and challenges connected to working with their mortgage servicers.
WASHINGTON–Former Federal Reserve Chairman Ben Bernanke, who headed the central bank during the 2008 financial crisis, is now warning that the United States is headed for a situation similar to that of the 1970s, when Americans were losing their jobs but still facing higher prices at the grocery store and at the pump.
WASHINGTON—CUNA has written to members of Congress who have roles in appropriations expressing support for $50 million in funding for the U.S. Agency for International Development’s Cooperative Development Program (CDP) for fiscal year 2023.
NEW ORLEANS—A Fifth Circuit Court panel is questioning whether a U.S. Supreme Court ruling requires the Consumer Financial Protection Bureau to invalidate a 2020 payday rule and to restart the process of new payday loan regulations.
CARSON CITY, Nev.–The Nevada Credit Union League is partnering with the Nevada Attorney General’s Office and Nevada Bankers Association to combat and prevent imposter banking scams by raising consumer awareness on how Nevadans can protect themselves.
LINTHICUM, Md.–State Employees Credit Union of Maryland announced that in conjunction with hitting $5 billion in assets it is also pledging $1 million in community impact grants.
JACKSONVILLE, Fla. — Two more Florida credit unions have announced plans to merge.
WASHINGTON –Student Defense, the Project on Predatory Student Lending, and the National Consumer Law Center filed a lawsuit against U.S. Education Secretary Miguel Cardona and the Department of Education on behalf of student loan borrowers with unresolved Borrower Defense to Repayment claims.
MILWAUKIE, Ore.–The Healthcare Credit Union Association has updated its website with a new look and functionality.