WASHINGTON—The CFPB has reopened the comment period on its proposal to raise the Home Mortgage Disclosure Act's (HMDA) transactional and institutional reporting thresholds. Separately, it has published a final rule related to Reg Z.
Fresh Today
MIDDLETOWN, R.I.––The Peoples Credit Union here has named a new CEO, Sean Daly, to succeed Ellen Ford, who is retiring after 17 years leading the organization and 37 years with the credit union.
MARLBOROUGH, Mass.–Digital FCU said it has selected Credit Union Student Choice, a provider of higher education financing solutions, to provide its members with special access to “innovative planning tools and advising that will help them make smarter college financial decisions.”
SEATTLE—Verity Credit Union has joined the OnApproach M360 Enterprise industry platform offered by Trellance.
ARLINGTON, Texas – Two credit unions have announced recent bonus payouts and dividends to members.
WATERFORD, Mich.–Separate mergers have been announced in Michigan and Connecticut.
LIVONIA, Mich.–CU Solutions Group (CUSG), a CUSO majority-owned by the Michigan Credit Union League, has acquired research firm MemberXP.
WASHINGTON—CUNA has updated its Military Lending Act (MLA) credit card fee spreadsheet for the first quarter of 2019. The updated resource can be found in the CUNA Compliance Community’s “Compliance Resources” tab, and under the “Resources” tab in CUNA’s MLA e-Guide.
HOUSTON– E-commerce and other digital transactions grew nearly 24% year-over-year – more than five times faster than debit transactions initiated with a physical card, according to new findings.
SAN FRANCISCO—Wells Fargo has been hit with another claim of discrimination, this time by a U.S. immigrant who was denied an auto loan and who is alleging the troubled bank is withholding credit from migrants who live and work legally in the United States under the DACA program.