ST. LOUIS–The pandemic has hit Americans hard, and one year in a new survey shows many continue to feel the ongoing strain of the economic slowdown, although there is a “welcome flicker of optimism,” according to a new survey.
Fresh Today
WASHINGTON–Minutes released by the Federal Reserve from the mid-March meeting of its Open Market Committee indicate projections for rate increases have been dialed back a bit.
WASHINGTON— The Consumer Financial Protection Bureau has proposed extending the effective date of two recent debt collection rules, saying it wants to give affected parties more time to comply due to the ongoing COVID-19 pandemic.
WASHINGTON—NAFCU has joined with several other trade groups in repeating concerns to the Treasury Department and Federal Housing Finance Agency (FHFA) over recent amendments to the government-sponsored enterprises' (GSEs) Preferred Stock Purchase Agreements (PSPAs).
JPMorgan Chase CEO Sees Economic ‘Boom’ Ahead, Chance of Inflation, Decreased Role for Banks, & More
NEW YORK–The widely read annual letter to shareholders from JPMorgan Chase CEO Jamie Dimon has just been published, and it covers Dimon’s thoughts on everything from leadership lessons to public policy prescriptions.
WASHINGTON—The Federal Reserve has released an industry-recommended definition of synthetic identity fraud: “The use of a combination of personally identifiable information (PII) to fabricate a person or entity in order to commit a dishonest act for personal or financial gain.”
WASHINGTON—Low-income designated credit unions can begin applying for grants through NCUA's Community Development Revolving Loan Fund (CDRLF) May 3. The agency said it plans to distribute approximately $1.5 million in grants, according to the notice of funding opportunity.
MILWAUKIE, Ore.–Clackamas FCU is reporting that many of the fee changes it announced during 2020 to help members struggling during the pandemic have now been made a permanent feature of its fee schedule.’
HOUSTON– Dolphin Debit, a provider of full-service ATM management services, reported it now offers the next generation of ATM Locator technology via the Wave2 Locator.
MADISON, Wis.—The World Council of Credit Unions is reminding the nomination period for the 2021 WYCUP Scholarship program is now open and will run through May 31.