CHICAGO–Dozens of Chicago cab drivers took to the streets outside the offices of an attorney who represents a credit union here as part of a protest related to the foreclosures on taxi medallion loans, the values for which have plummeted as ride sharing services have emerged.
Fresh Today
FT. MEADE, Md.–The world’s largest credit union is absorbing Fort Meade Community CU here.
ARLINGTON, Va. – Alicia Valencia Erb, who has nearly two decades’ experience in working with cooperative and credit union leaders, state trade associations and national credit union organizations, has been named as the new vice president of member relations for NASCUS.
WASHINGTON–The Independent Community Bankers of America has sent a letter to the FDIC objecting to a fintech’s application for deposit insurance.
WASHINGTON—Federal Trade Commission Acting Chairman Maureen K. Ohlhausen has announced several internal process reforms in the agency’s Bureau of Consumer Protection intended to streamline information requests and improve transparency in Commission investigations.
WASHINGTON—Senate Banking Committee leaders have released a bipartisan bill that would reauthorize the National Flood Insurance Program until Sept. 30, 2023. Congress has until Oct. 1 to reauthorize the program, which provides flood insurance to at-risk homes.
PURCHASE, N.Y./MEDFORD, Mass.—The “Digital Evolution Index” for 2017 has been released. The Index ranks countries according to where they stand in “digital development.”
WASHINGTON—The state and foreign operations appropriations bill for fiscal year 2018 contains support for credit unions on the international level in its report language.
CHICAGO–CUToday.info is asking management at credit unions that plan to continue operating in the near future to act as a focus group and take two minutes to offer input on a potential event in 2018.
NEW YORK–Tens of thousands of people who took out private loans to finance college but who are delinquent on payments could have their debts eliminated because critical paperwork is missing.