NEW YORK–While the mortgage markets continue to see record low interest rates, one segment of the market has seen something of a reversal.
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WASHINGTON–Both CUNA and NAFCU sent comment letters to the Senate Banking Committee ahead of semi-annual testimony by CFPB Director Kathy Kraninger.
WASHINGTON—While the Financial Crimes Enforcement Network’s effort to calculate and evaluate the burden of filing Suspicious Activity Reports is a good first step, FinCEN needs to do more to fully grasp the costs and benefits of SAR filing, the American Bankers Association stated in a comment letter to the agency.
BROOKFIELD, Wis.—Saying it is seeking to helpfinancial institutions better evaluate and plan for risks in the current operating environment, Fiserv is introducing a real-time forecasting and budgeting solution.
GENEVA, N.Y.–Two New York credit unions have announced plans to merge in a deal under which one will operate as a division of the other.
WASHINGTON–The Independent Community Bankers of America (ICBA) is urging the Senate to incorporate needed reforms in the next round of stimulus legislation.
WASHINGTON—The ongoing shortage of coins in the United States has led the U.S. Coin Task Force to release a statement outlining ways consumers can help address the problem.
ARLINGTON, Va. – The National Association of State Credit Union Supervisors (NASCUS) has added a new member and re-elected two current members to its Regulator Board.
BISMARCK, N.D.–The Credit Union Association of the Dakotas is reporting it has been gathering information from its member credit unions almost since the coronavirus pandemic began hitting the U.S., and says it has now compiled a long list of all the “outstanding efforts” credit unions in North and South Dakota have made to serve members.
MIAMI BEACH, Fla.–In a precursor to what surely will be additional such revelations, a Florida man who had been deeply in debt has been arrested after receiving nearly $4 million in funds from the Paycheck Protection Program and after buying a new blue Lamborghini Huracán Evo, which cost more than $318,000.