WASHINGTON–The House of Representatives has passed HR 3354, an appropriations bill that contains a number of provisions of interest to credit unions.
Fresh Today
TAMPA, Fla.—If many Florida CUs are restocking ATMs and cash drawers this week it is not due only to Irma, according to one CEO.
WASHINGTON—Senator Elizabeth Warren (D-MA), who opposes efforts to dismantle a new CFPB rule allowing consumers to sue financial companies in class actions, has released letters from U.S. bank CEOs in which they declined to defend lobbying against the measure and several said they already comply with it.
WASHINGTON—NAFCU President and CEO Dan Berger and Small Business Administration Administrator Linda McMahon signed a new Memorandum of Understanding yesterday aimed at improving access to credit union small-dollar loans to small businesses across the nation.
WASHINGTON—Three members of the Senate Banking Committee told attendees at NAFCU’s Congressional Caucus about the great service credit unions provide to their communities, with one senator calling it a “true tragedy” that one credit union disappears almost every day.
DUPONT, Wash.–Community 1st Credit Union here has named a new CEO to succeed the retiring Roger Gieseke.
GRAND RAPIDS, Mich.–AuditLink, the audit and compliance division of CU*Answers, and Fortress Plus, a fraud management solution provider, said they have signed a partnership agreement to bring comprehensive software and services in the management and prevention of fraud to credit unions.
WASHNGTON—Rep. Gwen Moore (D-Wi) said she will cosponsor a bill allowing credit unions of all charter types to add underserved areas to their fields of membership.
PARK CITY, Utah — Credit unions considering forming a CUSO should ask themselves two key questions, according to credit union attorney Guy Messick, who also serves as NACUSO’s general counsel.
WASHINGTON—The final defendant in a debt collection scheme that illegally threatened to arrest or sue consumers and harassed their friends, family members and employers is banned from debt collection activities under a settlement with the Federal Trade Commission.