WASHINGTON—CUNA has updated its Military Lending Act (MLA) credit card fee spreadsheet for the third quarter of 2020.
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MADISON, Wis.–The World Council of Credit Unions (WOCCU) has said it will host another webinar titled, “Credit Union COVID-19 Communication Strategies and Best Practices.”
OSLO, Norway–Norway's central bank has become the latest to announce it will start testing various solutions for a central bank digital currency.
DUBLIN, Ireland–Ireland’s Central Bank said it plans to conduct onsite inspections of credit unions and interviews with management later this year as part of a thematic review of a review of how risk management issues are being handled.
ARLINGTON, Va.–While a bill in the Senate may exempt credit unions from complying with the Community Reinvestment Act (CRA), the overall compliance burden it would create along with other limits on field and membership means it doesn't deserve credit union support, according to NAFCU.
ARLINGTON, Va.—New-home sales boomed 20.7% in March—from February’s upwardly revised rate of 846,000 annualized units to 1,021,000 units during the month—the highest level since August 2006.
ARLINGTON, Va.–When credit union leaders were asked in a new national survey to rate on a -10 to 10 scale their expectations for growing compliance burden under the CFPB and NCUA, the average score was an 8, indicating strong pessimism over the paperwork that lies ahead.
ALEXANDRIA, Va.–A focus by one member of the NCUA board on internal fraud is certainly deserved, according to one NAFCU exec.
NEW YORK–With many companies making plans to reopen offices this summer and later this year, both the companies themselves and academics are studying how the virtual work arrangements they’ve relied on during the pandemic will factor into their long-term plans — or not.
WASHINGTON–The Senate this week will hold a hearing on so-called “rent-a-banks,” an issue on which a large number of consumer groups and state attorneys general have been calling for action.