WASHINGTON–NCUA Chairman J. Mark McWatters is on the shortlist to potentially head the Consumer Financial Protection Bureau, according to one industry report.
Fresh Today
WASHINGTON—Monday is the compliance deadline for two CFPB final rules related to the Home Mortgage Disclosure Act – phase 2 of Regulation C and Regulation B. Ahead of the deadline, the CFPB released the HMDA Check Digit Tool and an updated Rate Spread Calculator to enhance data quality.
FOSTER CITY, Calif.—A new report indicates that all the money issuers are paying to invest in chip cards is paying off.
WASHINGTON—Americans increasingly relied on credit cards to make payments in 2016, and made more of those payments remotely, according to new data the Federal Reserve released.
WASHINGTON—The CFPB’s newest biennial report on the state of the credit card market has found that the total amount of credit line, number of accounts, average amount of card debt, and enrollment in online services have all increased over the past several years.
CHARLOTTE, N.C.—A new report indicates that many Americans don’t have a plan to pay off their debt.
ARLINGTON, Va.—In response to NCUA’s proposed rule on capital planning and supervisory stress testing, NAFCU has sent a letter recommending the agency work to increase transparency and flexibility.
MUSKEGO, Wis. –To help credit unions prepare for 2018, QuantyPhi balance sheet optimization services reported it held two strategic asset liability management (ALM) workshops at Co-op Credit Union in Onalaska, Wis., and Summit Credit Union in Madison, Wis., respectively.
ROCKLEDGE, Fla.–David O. Brock, CEO of Community Credit Union here, has announced his retirement, and the credit union has named a successor.
PURCHASE, N.Y.—Holiday sales increased 4.9% this year, setting a new record for dollars spent, according to a new report.