WASHINGTON—The House and Senate are both expected to take up additional regulatory relief legislation before the current Congress adjourns, and both credit union trade groups are lining up behind a number of proposals.
Fresh Today
WASHINGTON—Credit unions should not be subject to the Bureau of Consumer Financial Protection’s enforcement authority and the agency should change its enforcement approach to focus on bad actors in the marketplace, noted NAFCU in a letter to the BCFP.
NEW YORK–Two economic indicators that are performing in ways not seen before could mean a significant jump in interest rates lies ahead, suggests one new analysis.
DES MOINES, Iowa – The Iowa Credit Union League has announced that Murray Williams will succeed Pat Jury as chief executive officer on July 1, 2018.
WASHINGTON–PenFed Credit Union has announced a three-year sponsorship deal with Major League Baseball’s Washington Nationals that includes a “PenFed Military Appreciation Section” at Nationals Park.
DALLAS—Include Chili's among the growing number of restaurant chains to be attacked by hackers.
HAMMOND, Ind.–A 73-year-old former manager at a credit union here has been sentenced for stealing , more than $500,000, while in Louisiana another has been charged with taking $100,000.
WASHINGTON—NAFCU President and CEO Dan Berger met this week with Federal Communications Commission (FCC) Chairman Ajit Pai to discuss the FCC's current approach to rulemaking regarding the Telephone Consumer Protection Act (TCPA) and share credit unions' concerns.
BRIARWOOD, N.Y.—Plummeting taxi medallion values continue to make things tougher for taxi lender Melrose Credit Union here.
SHANGHAI, China—In a move that indicates what could be in store for U.S. mobile payments—more competition from China—UnionPay International is expanding the acceptance scope of the UnionPay app outside mainland China.