GRAPEVINE, Texas–A journalist who has spent his career covering the automobile industry has offered his thoughts on what’s ahead for that market and for credit union/dealer relationships, as well.
Fresh Today
GRAPEVINE, Texas–Been told over and over again that fintechs are coming to get you and your credit union? That’s false, according to one “meta-analyst” who looked to counter a lot of what he called the “bull” in the “hyper-bull-e” credit unions hear on a regular basis.
ALEXANDRIA, Va.—The NCUA board has unanimously approved, by notation vote, a change to the member business lending rule that removes the member’s occupancy requirement for loans secured by liens on one-to-four-unit family dwellings.
WASHINGTON—BCFP Acting Director Mick Mulvaney announced the Bureau will begin collecting personally identifiable information after a six-month hold on the practice.
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.