ST. PETERSBURG, Fla.–Overall card payment volumes showed “positive improvement” for the week ending July 5, according to the latest card spend analysis released by PSCU.
Fresh Today
WASHINGTON–Credit unions are backing candidates in one primary this week as well as primary run-off elections in two states.
ALEXANDRIA, Va.–NCUA will host a conference call today on SBA lending programs. The call is set for 3 p.m. ET.
SCOTTSDALE, Ariz.–A new analysis of where Paycheck Protection Loans have gone reveals more details into who is getting what, how much is being spent per job saved, where credit unions fit in, and more.
HONOLULU–The University of Hawai`i Federal Credit Union, which has been partnering with the United Way to offer support to thousands of local families that have been affected by the COVID-19 crisis, has now designed limited-run face masks to help mitigate the spread of the virus as well as raise funds for AUW.
NEW YORK–One-third of Americans did not make a full, on-time housing payment in July, up slightly from 30% in June, according to a new survey. Missed payments continue to concentrate among renters, young and low-income households, and residents of dense urban areas, the survey, conducted by Apartment List, found.
PITTSBURGH–Two Pittsburgh-area credit unions are seeking to merge, while in Alabama one small CU has officially been merged into a larger credit union.
WASHINGTON – The Consumer Financial Protection Bureau has launched Consumer Financial Protection Week, which runs through Friday.
WASHINGTON—The CFPB’s new interim final rule related to Regulation X, which clarified mortgage servicers do not violate the regulation's provisions by offering certain coronavirus-related payment deferral options, was the subject of a discussion between the Bureau and NAFCU Senior Regulatory Counsel Elizabeth LaBerge. The conversation also focused on how the Bureau can provide more relief to credit unions amid the coronavirus pandemic.
LEXINGTON, Ky.— UK Federal Credit Union is expanding its relationship with the University of Kentucky.