ARLINGTON, Texas–Neighborhood Credit Union has surprised another member with a big check.
Fresh Today
WASHINGTON–A new, bipartisan bill has been introduced in Congress that includes a provision that would delay NCUA’s risk-based capital rule.
WASHINGTON–Fed Chairman Jerome “Jay” Powell said the central bank has not forgotten the lessons learned during the financial crisis of a decade ago, but that it also isn’t seeking to over-react.
WASHINGTON–The U.S. Treasury will be publishing a report on financial technology (fintech) firms in the near future.
FRANKLIN, Tenn.—Southeast Financial Credit Union will provide $650,000 in loan relief and cash refunds to more than 500 Massachusetts students, according to Massachusetts Attorney General Maura Healey.
ATLANTA—Auto loan originations continue to decline. Equifax reported that 5.82 million auto loans, totaling $130.6 billion, have been originated year-to-date.
LAFAYETTE, La.–The Equal Employment Opportunity Commission has filed suit against Meritus Credit Union accusing it of firing an African-American manager after she was upset by an allegedly offensive video used during a training session.
WASHINGTON—The Bureau of Consumer Financial Protection is prioritizing supervision over the credit reporting agencies, said a Bureau representative during testimony last week before the Senate Banking Committee.
ARLINGTON, Va.—Should inflation continue to rise, the Federal Open Market Committee (FOMC) will likely be forced to raise rates two more times this year, according to NAFCU Chief Economist and Vice President of Research Curt Long.
DALLAS–RelyOn Credit Union has named a new CEO. The credit union said it has selected Sarah Spooner to lead the organization.