WASHINGTON–American’s personal income increased $93.4 billion (0.5%) in October, while the costs of goods and services were up 5% from one year earlier, according to estimates released just ahead of Thanksgiving by the Bureau of Economic Analysis.
Fresh Today
ALPENA, Mich.–Alpena-Alcona Area Credit Union (AAACU) announced it is again cutting its non-sufficient fund (NSF) and overdraft protection service fee (ODP).
WABASH, Ind.–Credit unions in Indiana and Massachusetts have named new CEOs.
ALEXANDRIA, Va.–A federally chartered credit union has won a reversal of its examiner’s assignment of a CAMEL code 3 examination rating and has been upgraded to CAMEL 2, following an appeal to the NCUA board.
WASHINGTON–A new report from the Office of the Inspector General at the FDIC has found two of four key data elements in its system that supports its supervision and insurance responsibilities to be “unreliable.”
WASHINGTON–The CFPB is expressing concerns that some of its former employees are taking advantage of confidential information to make money.
WASHINGTON–Three federal bank regulatory agencies today issued a statement summarizing their interagency "policy sprints" focused on crypto-assets and providing a roadmap of future work related to crypto-assets.
SEATTLE—After already announcing it will stop accepting Visa payment cards in the U.K. due to a dispute over payments, Amazon now says it is also considering dropping Visa as a partner on its U.S. co-branded credit card, as well.
WASHINGTON—Proposed amendments to the Federal Housing Finance Agency’s (FHFA) Enterprise Regulatory Capital Framework (ERCF) would allow for more accurate assessments of capital requirements for the government-sponsored enterprises, and better facilitate their ability to meet their missions, CUNA said.
BROOKFIELD, Wis.—Consumers are saying they are crystal clear on the benefits of real-time payments even as they lack an understanding of what exactly real-time payments are, what they can do, and who offers them, a new study has found.