WASHINGTON–CUNA has told the CFPB it wants a complete exemption for all credit unions from an expansion of the agency’s lending rule, which is set to go into effect later this year.
Fresh Today
STUDIO CITY, Calif.–The former CEO of the now-defunct C B S Employees FCU has agreed to a plea deal with federal prosecutors in which he admits to stealing more than $40 million over the past 20 years.
WASHINGTON—Credit union loan balances increased by 0.3% in March, an acceleration relative to the 0.1% February increase, but the slowest March increase since 2013, according to CUNA’s Monthly Credit Union Estimates for March 2019.
ATLANTA–More than 80 million consumers abandoned online enrollment for various services over the past year, while for first time consumers also opened more new accounts on mobile phones than on computers, according to a new survey.
LAS VEGAS—CU Direct kicked off the first full day of its Drive ‘19 Conference here, and attendees hearing strategies on how to boost auto dealer relationships and maximize lending efficiencies. The company also announced results of board elections.
WASHINGTON—The CEOs of credit unions and banks across the country have all be sent a letter from six major trade groups, including CUNA, urging them to join Sheltered Harbor.
WASHINGTON—The House has passed by voice vote legislation to extend the National Flood Insurance Program (NFIP) through Sept. 30.
NEW YORK—Venmo is going old school, offering a credit card.
MADISON, Wis.–The National Credit Union Foundation’s 2019 grant cycle is now open.
AUSTIN, Texas–Velocity Credit Union here has selected PSCU for debit and credit processing beginning in 2020.