WASHINGTON—It is vitally important credit unions be designated essential services during the coronavirus disease (COVID-19) pandemic, CUNA wrote in letters to a number of state leadership organizations.
Fresh Today
WASHINGTON—While suppression of adverse information in credit reports during the coronavirus disease outbreak is well intended, it could undermine safety and soundness, CUNA, NAFCU and other financial trade organizations wrote to Congressional leaders.
WASHINGTON–The Consumer Financial Protection Bureau is reminding it has released several resources to help consumers take steps to protect their finances during the COVID-19 pandemic, including how to avoid financial scams and submit complaints to the Bureau.
SAN FRANCISCO–As the coronavirus continues to take its toll on the economy and the country enters into a potential recession, a new survey finds consumers are more confident at this point than they were prior to the Great Recession.
SACRAMENTO, Calif.— Heritage Community Credit Union has signed a contract to migrate its DataSafe Core Processing System to United Solutions Company (USC), based in Tallahassee, Fla.
NASHVILLE, Tenn.–Volcorp is reporting it has entered into a new partnership with Zogo. Through the affiliation, Zogo will provide Volcorp member credit unions with the company’s financial literacy app for teens.
CUPERTINO, Calif.—How many Americans have taken a bite out of the Apple Card? According to a new report from Cornerstone Advisors’ Ron Shevlin, roughly 3.1 million Americans, or 2.2% of all U.S. adults with a credit card, are now carrying the Apple Card.
SACRAMENTO, Calif.—An updated set of proposed regulations to implement the California Consumer Privacy Act (CCPA), which took effect Jan. 1, has been released by the California Department of Justice.
WASHINGTON–A massive stimulus package that would offer emergency aid to broad sectors of the economy to battle the effects of the coronavirus remains in negotiations in the Senate, while Democrats in the House have now introduced their own even-larger stimulus plan that would include higher direct payments to Americans and potentially a ban on overdraft fees, among other measures.
ALEXANDRIA, Va. – NCUA said federally insured, low-income designated credit unions that experience unexpected costs as a result of the COVID-19 pandemic can request “urgent needs grants” from the agency.