ARLINGTON, Va. –The giant pandemic relief bill being pushed by the Biden Administration and the Democrats should pass a House vote this week and hit the Senate floor by mid-March, NAFCU is forecasting.
Fresh Today
ALEXANDRIA, Va.–If you’ve always dreamed of having office furniture that once belonged to an NCUA board member—especially furniture that was the subject of some controversy—you have until Wednesday at 3:00 p.m. ET to get in your bid.
ARLINGTON, Va.–As CUToday.info reported earlier, the Biden Administration has announced it will extend the foreclosure moratorium and relief programs available through the federal government through June 30 as the coronavirus pandemic lasts longer than many had expected. It’s just the latest such extension and it raises the question—what happens when all those extensions and forbearance periods expire and CU members need to pay up on all that accumulated loan debt?
ST. PETERSBURG, Fla.–The ongoing depletion of stimulus funds by CU members is seen as one reason for a softening of spending in the latest data released by PSCU, which shows the types of items being purchased also changed a bit.
WASHINGTON–In what Ryan Donovan, CUNA chief advocacy officer described as “really the first regular week of sessions” in the new Congress, numerous hearings and legislation of interest to credit unions are on this week’s agenda.
WASHINGTON–CUNA’s first-ever virtual GAC unofficially kicks off today with an orientation session beginning at 11:30 a.m. ET and its Virtual Marketplace opening from 12:00-12:30.
ARLINGTON, Va.—Existing-home sales rose 0.6% in January to a seasonally-adjusted rate of 6.69 million units, representing a 23.7% increase in sales versus a year ago.
NEW YORK—A new report shows the coronavirus pandemic has changed the way U.S. consumers use credit, as lower interest rates spurred a boom in home buying and refinancing and virus-related shutdowns led to a drop in credit card use and an increase in paying off debt.
MADISON, Wis.–During its Winter Owners Meeting, Members Development Company (MDC) announced it has reached the minimum goal of its capital raise for its new fintech venture fund, Curql Fund I.
WASHINGTON—A potential fix for an error that was included in an order from the Federal Communication Commission (FCC) related to the Telephone Consumer Protection Act was discussed by FCC staff during a meeting attended by NAFCU Director of Regulatory Affairs Ann Kossachev.