WESTBROOK, Maine–Saying it is seeking to make credit union outreach even more impactful, the Maine Credit Union League has launched a new curriculum program to teach younger Mainers about the importance of money management.
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WASHINGTON–Both the House and the Senate are back in session this week, but any progress on specific legislation of interest to credit unions is not expected as negotiations continue related to a number of significant bills.
SIOUX FALLS, S.D.–A CUSO-sponsored competition among school teachers that took place in front of a crowd at a hockey game has received international media attention and has been called everything from “demeaning” to something similar to the Netflix hit series Squid Game.
WASHINGTON–There is a “growing rift” among members of the FDIC board, according to one new report.
MAYFIELD, Ky.—The lone credit union in this small town was untouched by the deadly tornadoes that swept through the Midwest Friday night.
WASHINGTON– America Saves, an initiative of Consumer Federation of America, has launched “Foundation $500,” which it is describing as a groundbreaking research initiative examining the effects of the cash infusions on saving, spending, and mental health with low-wage earning adults.
NEW YORK — A New York state judge has been convicted of obstructing a federal probe into Municipal Credit Union here, which is operating under NCUA conservatorship.
WASHINGTON—The CFPB has added a new way for debt collectors to reach consumers—social media. However, debt collectors won’t be able to comment on posts or write up something for the public to see, USA Today reported.
KINGSPORT, Penn.— Eastman Credit Union said it will pay a $15 million extraordinary dividend to members in early 2022. Since the credit union made its first such payout in 1998, Eastman CU has paid out $162 million in such dividends.
WASHINGTON—The Senate Finance Committee has released the tax provisions of the Build Back Better Act without the proposed expanded Internal Revenue Service (IRS) reporting requirements, which credit unions and other groups had strongly opposed.