NEW YORK—With small businesses hit hard by the pandemic, Amex is bringing back its small business statement credit incentive.
Fresh Today
NEW ORLEANS–Credit unions aren’t alone in being victimized by some enormous embezzlements, as one man has been charged with stealing $123-million from First NBC Bank in New Orleans. The theft ultimately led to the bank’s failure.
WASHINGTON–Credit unions have received some feature treatment from the Washington Post.
WASHINGTON—The Consumer Financial Protection Bureau settled with Timemark, Inc., a company based in Deerfield Beach, Fla., that provides debt-relief services to consumers with federal student-loan debt, and with its owners and officers, Timothy Lenihan, Sr., Mark Nagler, and Casey Gassaway.
WASHINGTON–The Senate Committee on Banking, Housing and Urban Affairs has scheduled a hearing on the nomination of Kyle Hauptman to serve on the NCUA board for July 21.
WASHINGTON — The U.S. Supreme Court has agreed to hear an appeal by the Trump Administration, which is seeking to avoid a lawsuit by shareholders of Fannie Mae and Freddie Mac relating to the government conservatorship of the companies more than a decade ago following the financial crisis.
ARLINGTON, Va.—Total consumer credit fell 5.3% in May on a seasonally-adjusted, annualized basis, but it is up 0.9% versus a year ago, according to new data.
ARLINGTON, Va.—During the first quarter of 2020, year-over-year growth rates among credit unions were stable, with loan growth increasing slightly due to higher mortgage refinancing activity, according to NAFCU's Q1 CU Industry Trends report.
HOUSTON–First Service Credit Union has introduced a new auto loan that allows borrowers to walk away from the deal in the event of a job loss within six months of taking out the loan.
LAWRENCEVILLE, Ga.—Used vehicle values returned to pre-pandemic levels, according to Black Book’s Used Vehicle Retention Index for June.