WASHINGTON–Two U.S. senators are asking questions around a small change in wording that they suggest could undo some protections around reverse mortgages.
Fresh Today
BUTLER, Penn.–The $334-million Butler Armco Employees CU said it is changing its name, or in this case, shortening it.
WOODBURY, Minn.–Ideal Credit Union has relaunched a “Don’t Text & Drive” awareness campaign that it first launched in 2016 in honor of an employee who was killed by a distracted driver.
LANCASTER, S.C.–Founders FCU here said it has signed a renewal agreement for credit and debit card processing services with PSCU.
LOS ANGELES —The $617-million University Credit Union here has a new president and CEO.
SAN ANTONIO–The $245-million United Texas Credit Union, which recently changed its name, as also moved to a state charter and to private deposit insurance from Ohio-based American Share Insurance.
WASHINGTON–CUNA has sent a letter to the CFPB regarding proposed amendments to prepaid accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z).
WASHINGTON–CUNA has sent a letter to NCUA regarding the list of regulations scheduled for review this year.
OTTAWA – The Canadian government says it is reviewing whether credit unions should be allowed to use the terms “banks,” “banker” and “banking,” after the country’s federal regulator had earlier issued a prohibition on the usage of the terms by CUs.
WASHINGTON–Mortgage volume was up in the latest data from the Mortgage Bankers Association's Market Composite Index.