ARVADA, Colo.—The $675-million Climb Credit Union here and $97-million Community Choice CU, based in Commerce City, Colo., have announced plans to merge, the Denver Gazette reported.
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Houston—The $4.9-billion TDECU and $800-million Smart Financial Credit Union, have announced plans to merge.
LAWRENCEVILLE, Ga.—Used vehicle depreciation his the gas in September, Black Book reported.
CHARLOTTE N.C. —A strong majority of U.S. consumers are happy with their credit cards and do not want the government to interfere with their cards’ rewards programs, a new survey conducted by Morning Consult on behalf of the American Bankers Association reveals.
WASHINGTON—Senate Banking Committee Republicans legislation that would raise the dollar thresholds for when financial institutions must report potentially suspicious transactions under the Bank Secrecy Act, is “long overdue,” the Defense Credit Union Council stated.
WASHINGTON— Mortgage applications decreased 0.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Oct. 17.
WASHINGTON--Financial services organizations, including America’s Credit Unions and the Defense Credit Union Council, joined together to urge the Federal Communications Commission’s (FCC) to further extend the Telephone Consumer Protection Act (TCPA) compliance deadline.
WASHINGTON--Credit unions support consumer choice and secure data exchange but oppose the CFPB’s current personal financial data rights (PFDR) rule due to its burdensome, inequitable, and risky implementation. America’s Credit Unions addressed this concern and more when responding Tuesday to the Bureau’s advance notice of proposed rulemaking seeking feedback on revisions to its PFDR rule, associated with Section 1033 of the Dodd-Frank Act.
WASHINGTON--The Treasury Department and the Internal Revenue Service (IRS) Tuesday provided transitional guidance for businesses required to report car loan interest under H.R. 1, which was signed into law in July.
NORTH AUGUSTA, Ga.— SRP Federal Credit Union here has defeated a proposed class-action lawsuit alleging it negligently failed to protect the personal information of members.