WASHINGTON–The Consumer Financial Protection Bureau has released two reports it said show “more work needs to be done” to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn.
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COLUMBUS, Ohio–Sherpa Technologies, a CUSO of Corporate One FCU, said it is partnering with Juniper Payments, the largest non-bank, cloud-based service provider of inter-bank transactions and reporting systems in the U.S., have formed a strategic partnership to provide a comprehensive portfolio of payment solutions through an integration between their respective payment hubs.
SALT LAKE CITY, Utah–Credit Unions for Kids reported it is now celebrating its 25th year of a successful program with its network of credit union partners and hospitals, and will host an event on YouTube to mark the milestone.
MADISON, Wis.–The Filene Research Institute has announced a partnership with CMutual, an insurance specialist and protection solutions provider for credit unions, building societies and mutual lenders in Ireland and the United Kingdom. According to Filene, the exclusive knowledge-sharing partnership gives CMutual’s credit union partners full access to 40 years of Filene’s CU expertise and a library of more than 500 research reports.
WASHINGTON—Smart home security and monitoring company Vivint Smart Homes Inc. has agreed to pay $20 million to settle Federal Trade Commission allegations that the Utah-based firm misused credit reports to help unqualified customers obtain financing for the company’s products and services, the FTC said.
ARLINGTON, Va.–NCUA’s disclosure it has spent nearly $40 million to date on the design and implementation of a new examination system requires full disclosure and transparency, according to NAFCU.
WASHINGTON–CUNA and the World Council of Credit Unions have announced 2021’s International Credit Union Day theme.
PARKERSBURG, W.Va.—The West Virginia Credit Union League has announced a new president and CEO to succeed the retiring Ken Watts.
ARLINGTON, Va.–NCUA’s call for a number of statutory changes to be made to the National Credit Union Share Insurance Fund (NCUSIF) represents changes that don’t need to be made, according to one trade group.
SACRAMENTO, Calif.–California’s credit unions are declaring a “huge victory” after having successfully lobbied members of the state Assembly to significantly modify legislation that seeks to create a state bank called “BankCal.”