ARLINGTON, Va.–Concerns are being raised by NAFCU over indications by the CFPB that it is going to be more aggressive in enforcing new and existing rules, even as numerous other non-regulated entities continue to enter the market.
Fresh Today
WASHINGTON–The Federal Reserve is now accepting applications from individuals who wish to be considered for membership on the Community Advisory Council (CAC).
WASHINGTON—CUNA has received its first nomination for the Class C CUNA Board special election: Jose Lara, chief operating officer, SchoolsFirst FCU (California).
DES MOINES, Iowa–Curql Collective’s flagship Curql Fund I announced its first fundraising close on April 6, 2021, reaching an initial fundraising goal in excess of $70 million.
TEXAS CITY, Texas– AMOCO FCU has been approved for a field of membership expansion to serve as many as 2.49 million people as it moves to a community charter and away from its SEG-based history.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued an advance notice of proposed rulemaking (ANPR) to solicit public comment on questions pertinent to the implementation of the Corporate Transparency Act (CTA), enacted into law as part of the National Defense Authorization Act for Fiscal Year 2021 (NDAA) Jan. 1.
WASHINGTON–The FDIC said it is again seeking the public’s input on potential modernization of its sign and advertising requirements to “better reflect how banks and savings associations operate and how consumers use banking services.”
ARLINGTON, Va.—In response to recent changes to the Small Business Administration's (SBA) Paycheck Protection Program (PPP), NAFCU has updated its PPP FAQs to include two new questions and several additions to existing FAQs.
RESTON, Va.– A new survey offers insights into where leading financial firms are prioritizing technical standards work for consumer-permissioned data sharing and how the marketplace is maturing.
WASHINGTON—Total consumer credit rose 7.9% in February, at a seasonally-adjusted, annualized rate and is unchanged versus a year ago. Revolving credit, which is primarily credit cards, rose 10% during the month but is down 11.2% compared to February 2020.