WASHINGTON—BCFP Acting Director Mick Mulvaney announced the Bureau will begin collecting personally identifiable information after a six-month hold on the practice.
Fresh Today
LONGVIEW, Texas–Telco Plus Credit Union has named a new CEO. Effective June 11, the $65-million TPCU said Randall Pearson will lead the organization.
WASHINGTON—Comments on the final few Bureau of Consumer Financial Protection Requests for Information, as well as on the Federal Communication Commission’s reassigned numbers proposal, are due in June.
WASHINGTON—The defendants in two student loan debt relief cases have agreed to settle Federal Trade Commission claims that they charged consumers illegal upfront fees and falsely promised to help reduce or forgive student loan debt burdens.
RICHMOND, Va.–The $75-million Entrust Financial Credit Union here said it will not move forward with a planned merger with California-based Christian Community Credit Union.
NEW YORK—The National Federation of Community Development Credit Unions (Federation) announced a multi-year research effort designed to inform the credit union and community finance industries of the social and business opportunities related to financial inclusion.
WASHINGTON–CUNA has moved its offices here.
WASHINGTON—The delinquency rate on credit card loan balances at the 4,788 small commercial banks in the United States spiked during Q1 to 5.9%, according to the Federal Reserve Board of Governors.
WASHINGTON—The Federal Reserve Beige Book shows that all 12 Fed districts saw economic activity expand at least moderately in April and early May; Dallas was the exception as economic activity sped up to a solid pace.
WASHINGTON—A slight downgrade in the Commerce Department's second estimate for first quarter economic growth was due to "lowered estimates for inventory investment and net exports led to the softer reading for overall growth.”