WESTBROOK, Maine–The Maine Credit Union League, one of its subsidiary companies and a number of credit unions in the state have all been named to the 2021 Best Places to Work in Maine list.
Fresh Today
ALBANY, N.Y.– SEFCU said it is partnering with Mastercard on a new education initiative that will promote and scale financial well-being and inclusion.
LONDON—Commuters who use Apple Pay to tap in and out of public transport could be at risk of having “unlimited” sums of money stolen from their Visa payment cards, a new study is cautioning.
WASHINGTON—NAFCU has written to Rep. Drew Ferguson (R-GA) expressing the trade association’s support for his newly introduced bill the Prohibiting IRS Financial Surveillance Act, which would prohibit the implementation of the IRS reporting requirements for all accounts with $600 or more in outflows or inflows in a given year.
WASHINGTON—House Small Business Committee Ranking Member Blaine Luetkemeyer (R-MO) and House Financial Service Committee Ranking Member Patrick McHenry (R-NC) have sent a letter to the Small Business Administration alleging a “lack of communication and responsiveness” over questions posed by Congress to the agency.
WASHINGTON — In the wake of strong pushback from the financial services industry, including credit unions, and congressional Republicans, the Biden administration announced it is dialing back the scope of a proposal that would have required extensive reporting on deposit account inflows/outflows to the Internal Revenue Service.
ST. PETERSBURG, Fla.–The October edition of the PSCU Payments Index reveals a combination of optimism and uncertainty within the U.S. economy – and the related effects within the payments industry, the company is reporting.
WASHINGTON—NAFCU President and CEO Dan Berger has sent a letter to new CFPB Director Rohit Chopra over the Bureau's proposed rule to implement changes made by section 1071 of the Dodd-Frank Act. Specifically the letter addresses its likely effects as related to a proposal in the Build Back Better Act to authorize the Small Business Administration (SBA) to establish a direct 7(a) lending program.
NAPERVILLE, Ill.—The sixth winner in Alloya Corporate FCU’s “10 for 10 for 10” initiative has been named: Red Wing Youth Outreach.
CHICAGO–A new study from TransUnion suggests closing the gap in loans currently not being made to low- to moderate-income consumers could generate as much as $300 billion in refinance and purchase originations.