WASHINGTON—The Trump Administration’s proposed budget for 2020 includes similarities to those it has previously proposed, including bringing the CFPB under the congressional appropriations process, eliminating the Community Development Financial Institutions (CDFI) Fund, increasing government-sponsored enterprises' (GSEs) guarantee fees, and reforming the National Flood Insurance Program (NFIP).
Fresh Today
WASHINGTON–CUNA continues to speak to why it has come out in support of Sen. Elizabeth Warren’s (D-MA) new American Housing Economic Mobility Act of 2019 after NAFCU, which said it has “concerns,” and withheld its support.
WASHINGTON–CUNA said it supports a delay in the compliance deadline for the CFPB’s 2017 rule governing Payday, Vehicle Title, and Certain High-Cost Installment Loans, better known as the Payday Rule.
WASHINGTON—The Federal Open Market Committee (FOMC) will conclude its two-day meeting today, with no rate hike expected.
MOSS POINT, Miss.–Two former credit union executives have been convicted for theft and embezzlement.
DANNEBROG, Neb.–At least one credit union has been hit by the floods that have affected much of the midwestern U.S. A branch of Archer Cooperative Credit Union here has more than 18 inches of water.
HAUPPAUGE, N.Y. – GrooveCar Direct reported 2018 was another year of significant growth as the company surpassed 300 credit union clients across 36 states.
WASHINGTON–Two credit union representatives are among the 22 people named to the Federal Reserve-sponsored Fraud Definitions Work Group, an initiative that is part of the Fed’s strategy for improving the U.S. payment system.
LEAGUE CITY, Texas–Associated Credit Union of Texas here has signed a multi-year agreement with Lumin Digital for its cloud-based platform to provide it with a digital banking solution.
MADISON, Wis. –The CUNA Mutual Group Foundation marked its 50th anniversary in 2018 and said it is now poised to move forward with new leadership and a refined focus on diversity, equity and inclusion (DEI).