WASHINGTON–In conjunction with the beginning of presidential primary season, CUNA has launched “Credit Unions Vote,” a campaign focused on getting credit union members to vote in the November elections.
Fresh Today
WASHINGTON–Representatives of NAFCU will be meeting today with the new head of the Small Business Administration, Jovita Carranza.
RADCLIFFE, Ky.–Fort Knox Federal Credit Union is changing its name. The $1.66-billion FKFCU said it will become Abound Credit Union effective Feb. 18.
MADISON, Wis.– CUES has released The State of Credit Union Governance, 2020: Credit Union Governance and Leadership Trends in partnership with Quantum Governance, LC3.
BROOKFIELD, Wis.– Fiserv has published a whitepaper it said outlines how financial institutions that take a strategic approach to open banking can enable competitive differentiation, better customer experiences and accelerate growth.
WASHINGTON—While credit unions support efforts to rein in high-cost loan products that aren’t consumer-friendly, CUNA is warning against overly prescriptive rules that could hamper availability of safe and affordable credit union products.
WASHINGTON—A bipartisan commission at the Consumer Financial Protection Bureau is essential to preserving its independence, CUNA wrote to the House Financial Services Committee.
TYLER, Texas—Wells Fargo has filed a motion with the U.S. District Court for the Eastern District of Texas asking it to stay a second jury's decision that found the bank intentionally infringed on certain USAA remote deposit capture (RDC) patents. Wells Fargo was ordered the bank to pay $103 million in damages in the case.
OGDEN, Utah–America First Credit Union has signed on as a multi-year presenting sponsor of the Ogden Marathon, which is produced by the GOAL Foundation.
WASHINGTON–The Mortgage Bankers Association has told NCUA it supports its proposed increases for appraisal thresholds for residential and commercial properties.