WASHINGTON—An advocacy group made up of bank workers and community and consumer advocates has slammed the acting director of the Consumer Financial Protection Bureau for cutting back on the agency’s regulatory enforcement.
Fresh Today
MADISON, Wis. – CUNA Mutual Group and PenFed Credit Union announced they will partner to offer wealth management and investment services to more than 1.6 million PenFed members through CUNA Mutual Group’s affiliate, CUNA Brokerage Services, Inc. (CBSI).
TUCSON, Ariz.–Vantage West Credit Union is spotlighting community empowerment in a new campaign designed to encourage personal financial awareness and featuring Tucson-based rapper Lando Chill.
WASHINGTON—Teresa Freeborn, president of Xceed Financial FCU in El Segundo, Calif., has been elected by acclamation as the District 6, Class B CUNA board of directors representative.
BROOKFIELD, Wis. – Fiserv announced that SISCOOP, a cooperative providing services to credit unions in Mexico, will enable 26 credit unions to offer digital banking services using Fiserv technology.
PURCHASE, N.Y.–Mastercard has made its initial $100-million contribution to the Center for Inclusive Growth Fund, part of a $500-million commitment to support initiatives that focus on long-term economic growth for everyone.
WASHINGTON—The Federal Reserve Board announced that it is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council (CAC).
NEW YORK–The nation’s big banks have found a “back door” into making high-interest-rate subprime loans.
WASHINGTON–Stephen Brobeck, the executive director of the Consumer Federation of America, said he will retire in June after 38 years of service.
LONDON—Santander Bank UK, one of the largest banks in the world, has launched an international money transfer app called OnePay FX, which uses Ripple’s distributed ledger technology.