ALEXANDRIA, Va.–The NCUA board has voted 3-0 to approve a number of new bylaws amendments for federal credit unions.
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ALEXANDRIA, Va.–The NCUA board has voted 2-1 to approve final new rules for Final Rule, Part 701, Payday Alternative Loans II (PALs II). The new rules create an additional PAL option and do not replace the current PALs I loans.
ALEXANDRIA, Va.–The NCUA board has been given an update on the health of the National Credit Union Share Insurance Fund (NCUSIF) during its meeting here. One point of note: the percentage of NCUSIF assets (4%) in CAMEL Code 3, 4 and 5 credit unions is at one of its lowest points in many years.
ALEXANDRIA, Va.–The NCUA Board will meet this morning, and the agency said it is expecting a full house.
WASHINGTON–The Justice Department’s announcement that it will join with the CFPB in an appeal to the U.S. Supreme Court that argues its leadership structure is a violation of the Constitution is being blasted by at least one consumer group.
WASHINGTON—The Consumer Financial Protection Bureau announced it will continue the publication of consumer complaints, data fields and narrative descriptions through the Bureau’s Consumer Complaint Database while making several enhancements to the information available to database users.
WASHINGTON—The Senate Appropriations,, Financial Services and General Government Subcommittee has passed its fiscal year 2020 bill, including $251 million for Treasury’s Community Development Financial Institutions (CDFI) Fund. That’s a $1 million increase over funding in the budget for the current fiscal year.
SACRAMENTO, Calif.—The California State Legislature last week passed a number of amendments to the California Consumer Privacy Act (CCPA) it said are aimed at reducing the compliance burdens for businesses.
LOS ANGELES–Inclusiv has announced its Juntos Avanzamos network has now grown to 100 credit unions.
RANCHO CUCAMONGA, Calif. – CardNav by CO-OP, the company’s mobile card controls and alerts application, is now available across all credit and debit products and gains a series of new features, “ensuring the credit union brand is front and center, while supporting a seamless member experience,” the organization has announced.