ONTARIO, Calif.–The California league is calling on its member CUs to “act immediately" to help defeat a bill that would allow for lengthy forbearances on mortgages and auto loans.
Fresh Today
ATLANTA–Equifax has agreed to a $5.5-million settlement with financial institutions as the result of the company’s massive 2017 data breach.
WASHINGTON–Credit union leaders and organizations across the country continue to issue statements and share their views on racism and injustice in the wake of the death of George Floyd at the hands of Minneapolis Police.
ARLINGTON, Va.–In the wake of NCUA's interim final rule allowing credit unions to defer the requirement to obtain an appraisal or evaluation for up to 120 days following the closing of a transaction for certain residential and commercial real estate transactions amid the coronavirus pandemic, NAFCU is offering recommendations for additional relief.
WASHINGTON–What had been considered a stunning improvement in the unemployment rate announced on Friday doesn’t appear to be such a rosy number after all. But the job gains posted remain a surprising positive nonetheless.
ARLINGTON, Va.—Total vehicle sales made a strong recovery in May, climbing from April's rate of 8.7 million annualized units to 12.2 million annualized units during the month.
SAN FRANCISCO–The nearly 200 automated phone calls made to the cell phone of an 11-year-old boy by a bank violated the Telephone Consumer Protection Act (TCPA), according to a ruling from U.S. Court of Appeals for the Ninth Circuit.
WASHINGTON–Two banking industry trade groups have urged federal lawmakers to guarantee automatic forgiveness for Paycheck Protection Program loans under $150,000.
WASHINGTON—The CFPB Thursday released several resources and a notice of proposed rulemaking in an effort to ease the transition away from the London Inter-bank Offered Rate (LIBOR) for consumers and regulated entities.
NEW YORK–Buzzwords. Credit union leaders are as guilty as executives in any other industry of falling back on what is sometimes called “corporate-speak.”