RALEIGH, N.C.—Chuck Purvis, the well-known president and CEO of Coastal Credit Union, has announced plans to retire in March of 2023. The credit union said it has launched a search for a successor.
Fresh Today
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) said it is using its rulemaking authority to propose that consumer reporting agencies “do not prevent survivors of human trafficking from achieving financial independence.”
WASHINGTON—A bill has been introduced in Congress that would provide relief to small businesses and lenders from the CFPB’s proposed data collection rule under section 1071 of the Dodd-Frank Act.
WASHINGTON–The Defense Credit Union Council hosted its second quarter Military Advocacy Committee (MAC) meeting, during which DCUC President/CEO Anthony Hernandez and Total Spectrum’s John McKechnie discussed issues pertaining to military and veteran communities and provided updates on ongoing concerns.
PURCHASE, N.Y.—Mastercard has added H&R Block, i2c, Walgreens, and other partners to Mastercard Installments, the buy now, pay later program it announced in September of 2021.
McCLEAN, Va.—As the 2022 Major League Baseball (MLB) season begins, Capital One has signed a multiyear deal with MLB that's reportedly valued at $125 million and includes sponsorship opportunities and cardholder perks.
LONDON–A new survey of Zoomers’ in 13 countries spotlights how the world’s youngest and most digitally-adept consumers are “forcing change to decades-old business practices,” according to a new analysis.
WASHINGTON– The National Retail Federation today is praising a federal appeals court ruling that payment processing network Pulse can sue Visa over practices it claims reduce competition over who gets to process billions of dollars worth of debit card transactions each year.
WASHINGTON–Few payday loan borrowers are benefiting from no-cost extended payment plans, which are required to be offered to borrowers in the majority of states that do not prohibit payday lending, according to a new report from the CFPB.
MADISON, Wis.—What makes for a strong diversity, equity and inclusion framework within an organization and what kinds of goals and metrics are needed to make DEI efforts successful at the credit union?