WASHINGTON—The CFPB is creating a small business lending rule that would be “overly burdensome” for credit unions, according to CUNA.
Fresh Today
LAWRENCEVILLE, Ga.—The rate of used vehicle depreciation increased slightly in August, according to a new report.
EDWARDSVILLE, Ill.–The $1.7-million Madco Credit Union has merged. The 561 members of Madco have agreed to merge into the $695-million 1st MidAmerica Credit Union in Bethalto, Ill.
MADISON, Wis.— CUES said that 26 credit union executives have completed all three years of its executive education program, CEO Institute.
SAN DIEGO–San Diego County Credit Union has bid $500,000 for the naming rights to Qualcomm Stadium here.
WASHINGTON—The Consumer Financial Protection Bureau has filed a proposed final judgment in federal court that would resolve a lawsuit against Prime Marketing Holdings, LLC for illegal credit repair practices.
CHICAGO—The Illinois Division of Financial Institutions has suspended the operations of St. Elizabeth's Credit Union for 60 days in an order issued on August 9.
ST. PETERSBURG, Fla.–Teachers Credit Union, the largest credit union in Indiana, has signed a renewal agreement for credit card processing services with PSCU, the CUSO has announced.
LONDON—Barclays has become the first bank in the U.K. to announce Apple’s digital voice app Siri will support its mobile banking app, enabling account holders to make payments to anyone in their iPhone contacts list completely hands-free using the virtual assistant.
ALEXANDRIA, Va.—Federally insured credit unions across the country saw continued improvement in nearly every category during the second quarter of 2017, according to state-level data released by NCUA, which also shows that Nevada and Washington, respectively, are leading the nation in loan growth.