WASHINGTON—While no rate changes are expected at the close of the Federal Open Market Committee's (FOMC) two-day policy-setting meeting that ends today, NAFCU Chief Economist and Vice President of Research Curt Long said that as more rate hikes are imminent, credit unions will soon feel the impact.
Fresh Today
WASHINGTON–Saying he’s been told he’s “wasting his time,” CFPB Director Richard Cordray has nonetheless sent a letter to President Trump urging him to veto a bill repealing the CFPB’s ban on arbitration clauses.
NEW YORK-Trevon Gross, a New Jersey pastor involved in a scheme that involved a credit union to help an illegal bitcoin exchange to evade the eye of regulators, has been sentenced after being found guilty earlier this year.
RANCHO CUCAMONGA, Calif.–Credit unions were offered a “sneak peek” at CO-OP Financial Services’ THINK 18 meeting during an introductory webinar yesterday.
DENVER—The Mountain West Credit Union Association announced Tuesday that it is joining CUNA’s class-action lawsuit against Equifax.
WASHINGTON–Sixty-one members of Congress representing both parties have sent a letter to the Department of Justice requesting guidance on how the Americans with Disabilities Act (ADA) pertains to websites.
MADISON, Wis.–The Filene Research Institute and the FINRA Investor Education Foundation have begun making available to credit unions free resources for setting up small-dollar loan programs.
PURCHASE, N.Y.—Mastercard and Major League Baseball for the first time ever delivered fans a special Stand Up To Cancer (SU2C) message through augmented reality, right to their stadium seats at Game Four of the World Series.
WASHINGTON–The Consumer Financial Protection Bureau announced the launch of a new Mortgage Performance Trends tool that tracks delinquency rates nationwide.
GRAND RAPIDS, Mich.–CU*Answers and Virtual StrongBox, Inc. have announced a partnership the companies said will “transform compliance and audit processes for its credit unions and auditors.”