SAN DIEGO–While many if not most have not already done so—and more than once—credit unions need to once again be warning their members about their use of passwords and exposing themselves to online threats, if two new reports are any indicator.
Fresh Today
HARRISBURG, Penn.–Pennsylvania State Employees Credit Union said that effective March 1 it is removing non-sufficient funds (NSF) fees for all members. In addition, PSECU said its courtesy pay fee will be cut by 50% to $15 per transaction, from $30.
WASHINGTON–Officials with the Federal Reserve have begun pushing back on the prediction by some that it will raise interest rates prior to its March meeting, and further making it clear that when the Fed does move to raise rates the increase will be smaller than many have been predicting.
WASHINGTON— The lack of a clear regulatory environment and appropriate supervisory framework poses risks to the adoption of otherwise promising technologies, such as digital assets, according to a letter sent by NAFCU ahead of a Senate Banking Committee hearing on the President’s Working Group (PWG) on Financial Markets’ report on stablecoins.
WASHINGTON—Concerns around the allocation of error resolution responsibilities in the context of peer-to-peer (P2P) payments have been shared in a letter to the CFPB from NAFCU, which was responding to the agency’s request for comment regarding its Paperwork Reduction Act (PRA) notice for Regulation E.
WASHINGTON—CUNA said it strongly supports the Financial Crimes Enforcement Network's (FinCEN) efforts to conduct a review of the Bank Secrecy Act, sharing several examples of burdens the trade group said BSA places on credit unions.
WASHINGTON–Three federal agencies with oversight of the nation’s banks have released the 2021 Shared National Credit (SNC) Review Report.
ONTARIO, Calif.–The current state of a historically unusual labor market will not be reaching some “sense of normalcy” in California and Nevada until sometime between 2023 – 2025, according to a new forecast from the California and Nevada leagues.
WASHINGTON–Ahead of National Love Your Pet Day on Feb. 20, a coalition of consumer groups have launched a campaign to stop one bank from making what they call “predatory puppy loans.”
GEORGETOWN, Del.–The number of executive positions being added to CUToday.info’s free job board, the Gig, continues to grow, with the latest addition being a CU seeking a new president and CEO.