COLUMBIA, S.C.—The South Carolina House of Representatives has passed S. 0467, bringing to fruition what the Carolinas Credit Union League has been a multi-year campaign to improve the business climate for credit unions through substantial changes to the S.C. Credit Union Act, according to the league.
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OLYMPIA, Wash.– Amid a surge in mortgage volume and with the Spring buying season here, WSECU said it will donate up to $100,000 to Habitat for Humanity of Washington State, donating $500 for every new purchase first mortgage loan closed through July 31.
WASHINGTON—The Federal Trade Commission and the Office of the Illinois Attorney General are sending payments totaling more than $4 million to more than 10,000 consumers who lost money to the Stark Law phantom debt collection scheme, the FTC said.
WASHINGTON–The Treasury Department said its Community Development Financial Institutions Fund has opened the fiscal year (FY) 2021 funding round for the Small Dollar Loan Program (SDL Program).
WASHINGTON—The Consumer Financial Protection Bureau has taken action against Nationwide Equities Corp. for allegedly sending deceptive loan advertisements to hundreds of thousands of older borrowers, the agency reported.
NEW YORK/ALBANY, N.Y. —Inclusiv and the New York Credit Union Association said they have formalized a new partnership and have agreed to work closely together to raise awareness about the benefits of credit unions becoming certified community development financial institutions and minority depository institutions.
AUSTIN, Texas—United Heritage Credit Union said it has launched a custom education refinance product from CURevl to its members.
NEW YORK–Credit unions wrestling with creating the right balance and making decisions about employees returning to work or working from home may want to consider “categories of team interactions” to help drive their decision-making.
MADISON, Wis.—Nominations for honors awarded by the CUNA Operations & Member Experience Council and the CUNA Technology Council are now open.
WASHINGTON–In a comment letter, the American Bankers Association urged NCUA to withdraw its proposed rule for CUSOs.