NEW YORK—More consumers are paying their credit card bills on time.
Fresh Today
WASHINGTON—NAFCU has joined with several other financial services industry trades to reiterate concerns to the Office of the Comptroller of the Currency (OCC) about its novel bank licensing approach and urged the agency to withdraw a recent interpretive letter and reconsider three conditionally-approved trust charters.
SPOKANE, Wash.–Beginning today, STCU said it is not just opening all of its branches for the first time in 14 months, it has actually added branches during the pandemic.
ANDERSON, Ind.–Lampco FCU has named a new president and CEO.
MADISON, Wis.–The World Council of Credit Unions (WOCCU) said it will co-host a webinar today on digital marketing opportunities. The webinar begins at 11 a.m. ET.
ST. PAUL, Minn.–Three state credit union associations have announced plans to launch what is being called the “Tri-state Mentorship Match,” a program organizers said is “designed to build, grow, and support professionals while inspiring a commitment to a career in the credit union movement.”
ARLINGTON, Va.—NAFCU has released an updated version of its marijuana banking brief available online, which it said provides credit unions with comprehensive updates on regulatory landscape, Financial Crimes Enforcement Network (FinCEN) data and federal legislative efforts for marijuana laws.
WYOMING, Mich.–Two credit unions in Michigan are proposing to merge, while in California a CU currently involved in a merger has now proposed a separate merger that will create a multi-billion operation.
SAN FRANCISCO–What have CU employees who have been working from home been up to over the last year? If they’re anything like what several recent national surveys have found, they’ve been drinking more, smoking pot, putting on weight, watching more porn and even working for other companies.
WASHINGTON – The Consumer Financial Protection Bureau (CFPB) has filed a proposed settlement with a lender that would require the company and its CEO to refund approximately $1 million plus interest to consumers.