PORTLAND, Ore.—A Portland woman whose story went viral nationally after she was fired from her job with U.S. Bank after a Christmas Eve act of kindness has been hired by a credit union that created a job especially for her.
Fresh Today
NEW YORK–Intuit, the owner of TurboTax, is buying Credit Karma in a $7-billion deal analysts say is all about leveraging a wealth of consumer financial data. Credit Karma offers a popular free credit-score checks solution.
ARLINGTON, Va.—Existing-home sales decreased 1.3% in January to a seasonally-adjusted, annual rate of 5.46 million units.
WASHINGTON—The CFPB has published a supplemental notice of proposed rulemaking related to the issue of time-barred debt. Debt collection was included on the CFPB's fall rulemaking agenda.
CAMBRIDGE, Mass.–Many strategies fail because they are not actually strategies, according to a new paper published by the Harvard Business Review.
WASHINGTON—As thousands of credit union leaders get ready to Hike the Hill today, the American Bankers Association has introduced a new advertising campaign targeting large CUs.
WASHINGTON–NCUA Board Chairman Rodney Hood used his appearance before CUNA’s GAC to defend the agency’s decision to sell its portfolio of taxi medallion loans to a hedge fund.
WASHINGTON–Rep. Patrick McHenry (R-NC) told credit unions he thinks of them when he thinks of how his own father started a small business mowing grass and then used a credit card to grow that business.
WASHINGTON–There are few politicians who have appeared before a credit union audience who could cite more ties to CUs than Sen. Cory Gardner.
WASHINGTON–Consumer Financial Protection Bureau Director Kathy Kraninger—whose own job will be the subject of an upcoming Supreme Court hearing—told credit unions she is committed to effectively using the four tools available to the Bureau to protect consumers: Rulemaking, Supervision, Enforcement and Education.