HAGERSTOWN, Md.–Perfect Circle Credit Union has named a new president and CEO.
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OKLAHOMA CITY, Okla.–Starting in 2022, Oklahoma’s state-chartered credit unions will benefit from a significant reduction in the so-called privilege tax they’re required to pay, according to the Cornerstone Credit Union League.
WASHINGTON—CUNA called for U.S. Agency for International Development (USAID) procurement reform in a letter sent for a Senate Appropriations subcommittee hearing.
WASHINGTON–During a three-hour Senate hearing featuring the leaders of the nation’s six largest banks the most contentious moments came when Sen. Elizabeth Warren (D-MA) grilled JPMorgan Chase CEO Jamie Dimon over the bank’s overdraft practices during the pandemic.
ARLINGTON, Va. – NAFCU said it has launched a new member-only online community, the NAFCU ONES + CFPB Supervision Network.
WASHINGTON – U.S. Sens. Cynthia Lummis (R-WY) and Kyrsten Sinema (D-AZ) have announced the launch of the U.S. Senate Financial Innovation Caucus today. They are being joined by Sens. John Hickenlooper (D-CO), Tim Scott (R-SC), Marsha Blackburn (R-TN), Mike Braun (R-IN) and Bill Cassidy (R-LA).
WASHINGTON–A new report from the CFPB says borrowers who take out mortgages on manufactured homes are paying higher interest rates and often have fewer opportunities to refinance.
NEW YORK—Nearly a third of college students say their families have been financially impacted by the COVID-19 pandemic, according to a new survey. As a result, 19% expect to take on more debt.
ALEXANDRIA, Va.–During recent testimony before a House committee NCUA Chairman Todd Harper pointed to losses of more than $300 million from CUSOs over a seven-year period as evidence the agency needs vendor oversight authority—but which CUSOs caused those losses? The agency isn’t providing details.