WASHINGTON—A new report from the Federal Trade Commission states that more than 244 million Americans have placed their telephone numbers on the Do Not Call Registry over the past two years, yet the FTC said it still received more than five million Do Not Call complaints in fiscal year (FY) 2021, with people overwhelmingly reporting these violations came via robocalls as opposed to live telemarketing.
Fresh Today
WASHINGTON—Two of the defendants behind an alleged small business financing scheme, RAM Capital Funding, LLC and its owner, Tzvi Reich, will be permanently banned from the merchant cash advance and debt collection industries and required to pay $675,000 to settle Federal Trade Commission charges they used deceptive and illegal means to seize assets from small businesses, non-profits, and religious organizations.
WAIMEA, Hawaii–Effectively responding to the “Great Resignation” will require many credit union leaders to “drop their tools” and rethink numerous assumptions, according to one expert.
WAIMEA, Hawaii–What does the credit union board of the future look like?
ALEXANDRIA, Va.—During its open meeting Thursday the NCUA board will propose a rule on succession planning and be briefed on the impact of the expiration of the CARES and Consolidated Appropriations Acts.
ARLINGTON, Va.—Existing home sales fell 4.8% in December to a seasonally-adjusted annualized rate of 6.18 million units. This represents a 7.1% decrease in sales versus a year ago.
WASHINGTON–The benefits and potential risks of a U.S. central bank digital currency (CBDC) are the subject of a new discussion paper released by the Federal Reserve, which is seeking public comment on the issue.
ALEXANDRIA, Va.—Federal credit union operating fees will decrease by an average of 23.7% in 2022, according to NCUA.
WATERFORD, Conn.–Charter Oak Federal Credit Union is reporting it awarded more than $767,000 in annual $100 cash bonuses during December to its Gold Rewards members. The figure is the largest annual amount since Charter Oak created its member-appreciation program in 2010.
WASHINGTON—The CFPB is being urged by NAFCU to make changes to its assessment of the Home Mortgage Disclosure Act (HMDA) and related amendments.