WASHINGTON—Saying it is seeking to help students navigate paying for college, the Consumer Financial Protection Bureau has released a “Your Financial Path to Graduation” web tool designed to help students clearly understand the total cost of attending college and make informed decisions about paying for their education.
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MADISON, Wis.– Regulators from across Africa are reporting they have turned to similar relief efforts to mitigate the impacts of COVID-19 on Savings and Credit Cooperative Societies (SACCOs), while expressing concerns about the future might hold.
WASHINGTON–The Federal Trade Commission said it is sending more than $16 million to individuals who lost money to a debt relief scam that targeted tens of thousands of consumers facing financial difficulty.
MANHATTAN BEACH, Calif.–Two large California credit unions have announced plans to merge.
WASHINGTON–The average rate in the U.S. on the 30-year mortgage has once again hit an historic low.
ALEXANDRIA, Va.–In a new letter to credit unions, NCUA said it has updated its 2020 supervisory priorities, noting it will be shifting its emphasis to a review of actions taken in response to the pandemic to assist borrowers, reviewing the adequacy of loan workout strategies and the effects on capital. It said it will not be assessing efforts to transition to the CECL standard “until further notice.”
NEW YORK–The demand for used cars continues to surge even as the market sees some strange developments.
WASHINGTON—The Small Business Administration (SBA) has published a request for information (RFI) and a notice on the establishment of a new, temporary community advantage (CA) loan product in response to the coronavirus pandemic.
WASHINGTON—The Federal Reserve's latest Beige Book data reveal that almost all districts saw a rebound in economic activity – but remained well below pre-coronavirus pandemic levels – as more non-essential businesses were allowed to reopen.
HENDERSON, Nevada–Four unique perspectives on systemic racism and what really needs to occur within and outside of credit unions if real change is to occur were shared as part of an online discussion.