PEACHTREE CORNERS, Ga.– EXCEL Federal Credit Union has introduced new branding, including a refreshened website experience.
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KANSAS CITY—Patrick Mahomes, the Kansas City Chiefs quarterback and 2019 Super Bowl MVP, has shot a new commercial for CommunityAmerica Credit Union.
WASHINGTON—NAFCU is expressing support for the Consumer Financial Protection Bureau’s notice of proposed rulemaking (NPRM) amending the Truth in Lending Act’s (TILA) escrow requirements for higher priced mortgage loans (HPMLs).
ARLINGTON, Va.— NAFCU said it will host a webinar Sept. 30 will break down how credit unions can utilize the Fed’s new FraudClassifier Model to better defend against fraud. The model was released earlier this year by the Federal Reserve's Fraud Definitions Work Group.
COSTA MESA, Calif.—Consumers in their 50s have the highest levels of credit card debt, according to a 2020 study of credit card debt statistics.
ST. PAUL, Minn.–According to a new study from Commonwealth on the savings habits of Minnesota CU members, prize-linked savings accounts incentivize people to save money for the first time and help change overall savings habits.
WASHINGTON–The FDIC has launched what it said is its first-ever Academic Challenge, a competition among teams of university and college students to address questions concerning the U.S. banking sector.
MADISON, Wis.–We Own It, a nonprofit organization that says it was founded in part to bring member-owners back into their democratically-owned cooperatives, said it has sent a letter to more than 1,000 credit unions asking that excess capital be used to make emergency loans to help keep people in their homes.
WASHINGTON—Approximately one-million homeowners have fallen through a safety net created by Congress early in the coronavirus pandemic to protect borrowers from losing their homes, according to a new analysis. The result: those homeowners are vulnerable to foreclosure and eviction.
WASHINGTON–American families fared better in July than April, but many still faced uncertainty regarding layoffs and prospects for returning to work, according to the Federal Reserve Board's seventh annual Survey of Household Economics and Decisionmaking.