WASHINGTON–A coalition of consumer groups said a proposal by OCC would allow “predatory lenders to do an end-run around state interest rate caps, exposing people to high-cost loans with minimal consumer protections.”
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WASHINGTON—The CFPB continues to take action against mortgage lenders it alleges are victimizing military veterans.
LIMA, Peru–The World Council of Credit Unions is reporting its Economic Inclusion Project and its partners in Peru worked during August to assist Venezuelans migrants ranging from aspiring entrepreneurs to trained medical doctors with restoring their livelihoods in a new country.
WASHINGTON—The National Credit Union Foundation is offering 59 scholarships for credit unions with $250 million in assets or below to attend the CUNA Cybersecurity eSchool with NASCUS starting Oct. 6.
JACKSON, Mich. — CP Federal Credit Union here has changed its charter from federal to state.
MADISON, Wis. – The Wisconsin Department of Financial Institutions said it is participating in the COVID-19 Enforcement Task Force, an international investor protection initiative to crackdown on investment schemes related to the ongoing COVID-19 pandemic.
NETANYA, Israel—The coronavirus pandemic has changed just about every aspect of daily life, and credit card fraud has not been spared, according to new a new report.
ALEXANDRIA, Va.–The total assets of credit unions hit $1.75 trillion at the end of the second quarter, with loans up nearly 7% and delinquencies actually down from one year earlier, according to new data from NCUA.
ALEXANDRIA, Va.–The National Credit Union Administration and Federal Deposit Insurance Corp. have the “least diverse workforces among federal financial regulators, making only marginal gains over the past several years,” according to a new analysis.
WASHINGTON—The Federal Reserve's latest Beige Book report shows a modest rebound in economic activity in most Fed districts, but still well below pre-coronavirus pandemic levels.