WASHINGTON— Michelle W. Bowman has been sworn in as a member of the Board of Governors of the Federal Reserve System.
Fresh Today
WASHINGTON—CUNA is again opposing efforts to have the Office of the Comptroller of the Currency (OCC) recommend the Community Reinvestment Act be expanded to apply to credit unions.
WASHINGTON–The Consumer Federation of America is cautioning consumers that rising credit card rates will mean larger debts for holiday purchases financed by plastics, and calling on financial institutions to explain to consumers their card rates have risen.
WASHINGTON—The BCFP’s Credit Union Advisory Council (CUAC) will hold a public meeting Thursday, Dec. 6, to discuss artificial intelligence in consumer financial services and consumer access to financial records.
WOODBURY, Minn.–Ideal Credit Union has brought back its popular $1,000 Holiday Debit Card Giveaway.
MUSKEGO, Wis. – Six credit unions have selected Emergifi for their technology and cybersecurity needs.
SAULT STE. MARIE, Mich.–A “walkabout” program during which U.S.-based credit union leaders can learn about and from their Australian counterparts has been announced for 2019.
WASHINGTON–The Federal Deposit Insurance Corporation (FDIC) has issued a notice of proposed rulemaking to raise the threshold for residential real estate transactions requiring an appraisal to $400,000.
WASHINGTON—The Bureau of Consumer Financial Protection, Federal Reserve Board of Governors, and Office of the Comptroller of the Currency have announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2019 will increase from $26,000 to $26,700.
ALEXANDRIA, Va.–The video recordings of the National Credit Union Administration’s Oct. 17, 2018, public budget briefing and Oct. 18, 2018, open board meeting are now available on the agency’s website.