JACKSON, Mich.– CP Financial Credit Union has launched what it said is a newly designed exclusive product: Michigan Made Checking. It is available to all Michigan residents.
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WASHINGTON–A new report from the CFPB’s Private Education Loan Ombudsman shows that from Sept. 1, 2019 through August 31, 2020, the Bureau handled approximately 7,000 complaints related to private or federal student loans.
NEW YORK—JPMorgan Chase has launched a new cryptocurrency called JPM Coin it said is designed to assist with cross-border payments.
WASHINGTON–The Federal Reserve Board has published detailed noncash payments data as part of its 2019 Federal Reserve Payments Study (FRPS).
NEW YORK—The pandemic has been good for at least one thing—driving up new credit card rewards offers.
SAN FRANCISCO—Wells Fargo reported card fees rose to $912 million in the third period, up from $797 million in second quarter.
ALBANY, N.Y.—The New York Department of Financial Services (NYDFS) has sent a letter to all regulated crypto companies saying it expects them to start assessing risks associated with climate change and develop possible methods for mitigation.
ARLINGTON, Va.–The trade group representing state regulators has filed a comment letter with NCUA in which it offers recommendations and suggested changes in the agency’s proposals related to administering the Overhead Transfer Rate (OTR) and determining its annual operating fee.
WASHINGTON—NAFCU is calling for an accurate and equitable overhead transfer rate (OTR) methodology and further offering recommendations on the NCUA's proposed clarifications related to how the methodology is applied to apportion operating fees charged to federal charters.
DUBUQUE, Iowa–An old-fashioned product that isn’t even part of the product line any more at many credit unions remains popular at one CU here.