WASHINGTON–The Washington Post editorial board is calling for regulators to take a new approach to do the “right thing” and act on overdraft fees, saying waiting on banks and credit unions to do the right thing will take too long.
Fresh Today
WASHINGTON—Eighty-four credit unions have in total received more than $2 billion in long-term secondary capital loans from a Treasury Department program.
ST. PETERSBURG, Fla. — PSCU has announced a patronage dividend for the 2021 fiscal year of $17.8 million, with 30% being distributed in cash.
MADISON, Wis.–Mergers have been announced in four states.
WASHINGTON—NAFCU wrote to the Senate Banking Committee ahead of a hearing on stablecoins saying credit union and others need “rules of the road.”
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has identified six regulatory activities for 2022 on which it plans to take “key” actions.
LOUISVILLE, Ky.–The Kentucky Credit Union League said it has partnered with the Kentucky Education Workforce Development Cabinet to provide students a pathway into the financial services industry.
KETTERING, Ohio–Day Air Credit Union here said it is partnering with the City of Kettering on two new programs aimed at providing affordable and sustainable homeownership and home improvement for Kettering residents.
WASHINGTON–Sen. Tim Scott (R-SC) has introduced a bill blocking a provision in the Build Back Better Act that would give the Small Business Administration (SBA) direct lending authority.
JERUSALEM––Israel led a 10-country simulation of a major cyberattack on the global financial system in an exercise aimed at increasing cooperation that could help to minimize any potential damage to financial markets and banks.