MADISON, Wis.–The World Council of Credit Unions will host a webinar today titled, “Global Economic Impact of COVID-19 on Credit Unions and Related Accounting Issues.”
Fresh Today
TYSONS, Va.– PenFed Credit Union said it has welcomed its two-millionth member, and to mark the milestone it is donating more than $2 million in 2020 to charities supporting the communities it serves and to the PenFed Foundation, which supports military families.
KINGSTON, Jamaica–With credit unions holding 65% market share in the Caribbean, many in the region have turned to their CUs for support during the COVID-19 pandemic, which led to a webinar titled “Credit Unions & COVID-19: The Regional Response.”
‘High-Interest Lenders Want Low-Cost Loan,’ Say Critics of Congressional Effort to Help Payday Firms
WASHINGTON–A bipartisan group of members of the House Financial Services Committee has come under scrutiny for pressing the Federal Reserve to extend an emergency loan program to payday lenders.
WASHINGTON—The Consumer Financial Protection Bureau has filed a proposed stipulated final judgment that imposes an $18 million fine.
WASHINGTON — The credit union trade groups are offering mixed responses to the $3-trillion stimulus package passed by the House late last week, welcoming some provisions while sharing concerns over others.
ALEXANDRIA, Va.—The NCUA board will issue two interim final rules at its open board meeting Thursday—one on overdrafts and another on prompt corrective action.
ALEXANDRIA, Va.—Both CUNA and NAFCU have sent letters to the Small Business Administration (SBA) urging it to issue additional guidance to ensure credit unions can properly assist their members and provide loans through the Paycheck Protection Program (PPP).
WASHINGTON–Hidden in a newly released report from the Fed is a piece of data about a type of debt being carried by many Americans.
WASHINGTON—When it comes to transfer limits, the D in Regulation D now stands for Done.