WASHINGTON–The chairman of the Federal Reserve told the House the current increase in inflation is temporary, although it will remain elevated in the months ahead before moderating.
Fresh Today
WASHINGTON–Moratoriums put in place by the federal government on mortgage foreclosures during the pandemic helped reduce foreclosures by 85% from June 2019 to June 2020, with foreclosures remaining low through February 2021, according to a new report from the Government Accountability Office (GAO).
BOULDER CITY, Nev.–Credit unions need to be thinking about 11-year-olds, according to one person.
WESTBROOK, Maine–The Maine Credit Union league is reporting the Maine Credit Unions’ Campaign for Ending Hunger raised $110,000 during June as part of the Campaign’s $100,000 Challenge.
ALEXANDRIA, Va.–NCUA said it is now prepared to move into the first phase of resuming onsite operations in some areas of the country.
WASHINGTON – The Consumer Financial Protection Bureau has acted against GreenSky, LLC for what it alleged was the enabling of contractors and other merchants to take out loans on behalf of thousands of consumers who did not request or authorize them.
SNELLVILLE, Ga. – The African American Credit Union Coalition (AACUC) said it is inviting all credit union professionals and industry partners to attend its virtual conference on August 16-21.
NAPERVILLE, Ill.–Alloya Corporate Credit Union reported it has successfully converted to the unified payments platform, PayLOGICS, from Norcross, Ga.-based Aptys Solutions.
DUBLIN, Ireland–Ireland’s credit unions are accusing their regulator, the Central Bank, of imposing “excessive and unjustified” regulations.
SAN FRANCISCO—Visa said its customers spent more than $1 billion on its crypto-linked cards in the first half of this year, as the payments processor said it is taking new steps to make crypto transactions smoother.