WASHINGTON–The ranking member of the House Ways & Means Committee called on credit unions to help him in his fight against more government spending and proposed tax increases.
Fresh Today
MADISON, Wis.—Six credit unions in Haiti that were devastated by an August 14 earthquake will soon be operating again following a $45,000 grant issued through Worldwide Foundation for Credit Unions’ Project Storm Break initiative.
WASHINGTON–The National Credit Union Foundation said it has made an additional grant of $150,000 to the Louisiana Credit Union League to support credit union employees and volunteers affected by Hurricane Ida.
LANDER, Wyo. – Meridian Trust FCU here has announced plans to merge with Nebraska-based Western Heritage FCU, with Meridian Trust to be the surviving name.
WASHINGTON—The CFPB has released the filing instructions guide for data collected in 2022 – to be reported in 2023 – under the Home Mortgage Disclosure Act (HMDA).
SAN JOSE, Calif.–Excite Credit Union here is celebrating its certification as a Community Development Financial Institution, saying the new status will help drive growth and better serve its community.
WASHINGTON–Following mark-up, the House Financial Services Committee has passed its piece of the multi-trillion budget reconciliation bill, including a $10-billion increase in the CDFI Fund aimed at increasing affordable housing in the country.
WASHINGTON—The Consumer Financial Protection Bureau has filed a lawsuit in federal district court accusing LendUp Loans, LLC of violating a 2016 consent order and deceiving tens of thousands of borrowers.
LANSING, Mich.–The Michigan Department of Insurance and Financial Services (DIFS) shut down websites for four fake banks and one credit union.
NEW YORK–The growth of buy now, pay later (BNPL) solutions continues to draw national attention, with one analysis suggesting as many as 125-million people have now used the financing option.