ARLINGTON, Va.–Credit unions are negatively impacted when PACE-financed improvements result in a superior lien on a property with a preexisting mortgage, NAFCU told the CFPB in a letter.
Fresh Today
HARRISBURG, Penn.–Running a trade association can often mean having to do some dirty jobs in the name of the greater good, which is just what Patrick Conway will be doing today.
MERIDEN, Conn.–Jill Nowacki, CEO of the Connecticut Credit Union League, is leaving the position effective May 15. Nowacki has led the organization for the past five years.
PEMBROKE PINES, Fla.–Power Financial Credit Union here said it is making a commitment to affordable housing by becoming the first and only credit union in the country to invest in the Community Development Fund.
MADISON, Wis.–The Filene Research Institute is entering into a partnership with CU Direct to “support, grow and enhance” Filene’s i3 program.
ALEXANDRIA, Va.–Nine credit unions have been assessed financial penalties by NCUA for filing late call reports for the third quarter of 2018.
ALEXANDRIA, Va.– During Older Americans Month, NCUA is highlighting its online resources to help older adults manage money and protect against fraud and exploitation, the agency said.
SAN FRANCISCO–The U.S. Court of Appeals for the Ninth Circuit has ruled the CFPB’s single-director structure is constitutional.
WASHINGTON–Two bank trade associations are expressing opposition to any move by the Consumer Financial Protection Bureau to cede to NCUA any supervisory authority over the largest credit unions.
WASHINGTON—The latest jobs report – with 263,000 jobs gained in April – reveals strong job growth and keeps the Federal Reserve on track to not raise interest rates any time soon–and also doesn’t come as any surprise to credit unions looking to find good people, as one recent meeting made clear.