WASHINGTON—As lawsuits filed under the Americans with Disabilities Act (ADA) related to credit unions websites continue to mount, which many have called “frivolous,” Congress is being urged to take steps to prevent what it is being called abusive litigation.
Fresh Today
WASHINGTON–Here’s what’s on the credit union agenda in Washington this week:
ALEXANDRIA, Va.—A recent audit report revealed the NCUA plans to implement a new Automated Cybersecurity Examination Tool (ACET) to determine the effectiveness of credit union cybersecurity programs.
ARLINGTON, Va.—Overall consumer prices rose 0.5% in September – the strongest growth since January. NAFCU Chief Economist and Vice President of Research Curt Long attributed the increase to soaring gasoline prices.
WASHINGTON–Mortgage applications for new home purchases decreased 7.5% compared to September 2016.
LOS ANGELES–John T. Dea, president/CEO of Los Angeles Federal Credit Union, has announced his retirement plans, with the credit union also announcing his successor.
KELOWNA, B.C.–The government of British Columbia has moved to reinstate a lower credit union tax treatment.
SAN RAMON, Calif.–A mortgage lender has launched a new service that allows potential homebuyers to crowdfund the downpayment on a house.
SALT LAKE CITY–More than 400 credit unions went casual this year as part of the annual Credit Unions for Kids Miracle Jeans Day event in support of Children’s Miracle Network Hospitals.
WASHINGTON—The Treasury Department has released a report detailing ways to streamline and reform the regulatory system for capital markets.