NEW YORK CITY–A number of new bills have been introduced in this city aimed at helping to mitigate the debt crisis being faced by New York City taxi drivers who borrowed hundreds of thousands of dollars to pay for taxi medallions.
Fresh Today
MONTREAL, Quebec–Following the breach of data involving nearly three-million credit union members here, officials are warning consumers to be wary of phishing emails, text messages and telephone calls.
WASHINGTON–Just what qualifies as an “abusive” practice? It’s a question without real firm parameters, said Kathy Kraninger, director of the Consumer Financial Protection Bureau during the first in a series of “symposia” the Bureau is hosting.
MANHATTAN BEACH, Calif.–Kinecta Federal Credit Union has launched a campaign called #KinectaKindness through which individuals can nominate a caring friend or neighbor for their acts of kindness to receive a #KinectaKindness award and a $250 donation to a nonprofit of their choice.
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is offering a reminder that CU employees and members can raise money for Children’s Miracle Network by taking a selfie with a CO-OP ATM.
OSWEGO, Ill.– EarthMover Credit Union has named a new president and CEO. The $267-million credit union has selected Kelly McDonough to lead the organization, effective July 8.
PHOENIX–Desert Financial Credit Union said it is now offering secure voice banking through Amazon’s Alexa platform, and that it will likely soon be the first CU to offer voice banking with Google Assistant.
WASHINGTON—Housing and Urban Development (HUD) Secretary Ben Carson announced at a stakeholders meeting that the White House Opportunity and Revitalization Council has identified 160 programs that could use investment and revitalization within communities.
WASHINGTON—The Federal Housing Finance Agency (FHFA) has issued a correction to its Uniform Mortgage-Backed Security (UMBS) final rule related to the inclusion of data on servicer performances.
WASHINGTON—The Senate Banking Committee has advanced the nomination of Federal Reserve Governor Michelle Bowman to serve a full 14-year term. Bowman's current term is set to expire Jan. 31.