BOULDER, Colo.–Elevations Credit Union has announced it will match up to $250,000 funds raised as part of its foundation’s COVID-19 Relief Fund. Separately, one CU vendor is offering 10,000 free seat licenses for CUs to meet with members via video.
Fresh Today
WASHINGTON—Amid concerns about the financial impact of the coronavirus outbreak, the CFPB is detailing how consumers can best protect themselves.
WASHINGTON–Banking regulators said they will offer banks extra Community Reinvestment Act (CRA) credit for lending to lower-income Americans affected by the coronavirus epidemic.
ALBANY, N.Y.–In the midst of all the other challenges credit unions are dealing with, New York’s new data privacy law went into effect over the weekend.
WASHINGTON—Commercial share accounts at credit unions grew by 16.6% during 2019 to $40.8 billion, reported Keith Leggett, the former senior vice president and senior economist at the ABA.
WASHINGTON—NAFCU's Carrie Hunt is urging the CFPB to modernize electronic disclosure and signature-related provisions of all its regulations and outlined proposed legislative amendments to the Electronic Signatures in Global and National Commerce Act (E-Sign Act) to provide relief to credit unions and their members amid the coronavirus pandemic.
WASHINGTON–In response to the coronavirus outbreak, the National Credit Union Foundation is introducing DE Collaboration Sessions for its Development Education program that will be conducted online.
ONTARIO, Calif.–CU Direct will host a webcast on economic and lending trends on March 31.
WASHINGTON–The type and number of checks from the federal government many CU members may soon be looking to cash at their credit unions is coming closer into focus.
WASHINGTON–The potential risk to credit unions from a flood of checks being sent to most Americans is among the issues being raised by CUNA with members of Congress. Separately, CU regulators from five different continents participated in a discussion about responses to the coronavirus threat.