WASHINGTON–The first insights into who got loans and for how much from the Paycheck Protection Program have been released by the Treasury Department.
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WASHINGTON—The Supreme Court has ruled calls intended to collect a debt owed to or guaranteed by the U.S. are exempt from the Telephone Consumer Protection Act. The ruling came in the case Barr v. American Association of Political Consultants, Inc., which had challenged the TCPA’s exception for government-backed debt.
ARLINGTON, Va.—Vehicle sales in June showed only a “modest” increase over volume in May. Sales during June rose to an annualized rate of 13-million units sold on an annualized basis, up from 12.3 million in May.
SAN FRANCISCO—During Q1 2020, consumers deposited nearly $1.1 trillion in their bank and credit union savings accounts instead of using it for personal consumption, according to the latest quarterly report from the Federal Deposit Insurance Corporation.
WASHINGTON–Credit unions that haven’t already rethought and repositioned any travel-related cards programs they might offer might want to do so in response to new research showing a majority of Americans don’t plan to travel for the remainder of 2020.
EL PASO, Texas–El Paso Area Teachers FCU said it has selected Credit Union Strategic Planning to elevate its diversity, equity and inclusion efforts to a strategic level, “so it becomes engrained in the credit union’s culture.”
SAVANNAH, Ga.–Atlanta Postal Credit Union is expanding into the Savannah market under the Center Parc Credit Union brand.
WASHINGTON–Human resources professionals within credit unions will have the opportunity to learn more about regulatory changes stemming from COVID-19 and how to better protect workers’ rights in addition to the health and safety of members and staff alike during a new virtual meeting, according to CUNA.
CHANTILLY, Va.–Justice FCU has signed a multi-year agreement with Lumin Digital to use its cloud-based platform as the credit union’s digital banking solution for retail banking and bill pay support. Justice Federal will have more than 30,000 active users on the platform, which is slated to launch in October 2020.
MIDDLETOWN, Penn.–A virtual hot dog eating contest open to everyone has been announced by Vizo Financial Corporate Credit Union.