ARLINGTON, Va.–Credit unions appear to have one win and one loss when it comes to provisions of particular interest in the trillion-dollar-plus reconciliation bill before the House, but could that change?
Fresh Today
WASHINGTON–Although he appeared before Congress last week, it’s too early to tell what a new director at the CFPB will mean for credit unions, according to one person.
ATLANTA— An appeals court has upheld an opinion that sharing debtor information with a third-party is actionable and a violation of the Fair Debt Collection Practices Act (FDCPA).
ANTIGO, Wis.–CoVantage Credit Union has become the latest CU to report it will no longer charge overdrafts fees of any kind. The policy went into effect Nov. 1.
ARLINGTON, Va.–In response to the Treasury Department’s 2022-26 strategic plan, NAFCU President and CEO Dan Berger has sent a letter offering recommendations, most especially a need for clearer information on incentives and programs to underserved communities.
ALEXANDRIA, Va.— NCUA just launched its new Cybersecurity Resource Center, including an updated Automated Cybersecurity Evaluation Toolbox (ACET) for credit unions to use as a resource for assessing their cybersecurity maturity.
WASHINGTON—An increase in both member loan balances and savings can be seen in data released as part of CUNA’s August Monthly Credit Union Estimates.
MADISON, Wis.—More than 110 credit union women from five continents and 30 U.S. states joined with industry experts, thought leaders and one another to learn more about resiliency, inclusive leadership, accelerating tech and looking ahead to elevate impact together during the Global Women’s Leadership Network’s 2021 Executive Readiness Summit.
ST. PETERSBURG, Fla.—CU Recovery, a unit of PSCU that offers full-service collection solutions, has changed its name to TriVerity.
NEW YORK–While the credit union industry would like to put the taxi medallion loan debacle behind it, that isn’t the case for many drivers, including a group that has been on a hunger strike for more than 11 days over the debts they owe on their loans.