ERIE, Penn.–Erie Federal Credit union has opened a new headquarters and branch office here in what was formerly Glenwood Elementary School.
Fresh Today
HOLIDAY, Fla.–A 79-year-old man who said he was looking to pay for food and his rent has been arrested here and charged with robbing a branch of Suncoast Credit Union at which he had once been a member.
WASHINGTON–The Treasury Dept. has released a 149-page report that has received generally positive reviews from the trade associations following their early reviews.
ALEXANDRIA, Va.– Credit unions in Oregon, Nevada and Washington led the country when it came to loan growth during the first quarter, while CUs in Pennsylvania and Connecticut saw the most tepid lending, according to the latest NCUA Quarterly U.S. Map Review.
WASHINGTON–The Federal Reserve’s Open Market Committee will begin its two-day policy meeting today, with most forecasters still predicting it will move to increase rates.
WASHINGTON–Any increases in rates may seem incremental to financial institutions, but for consumers they add up to billions of dollars in new finance charges, according to one new analysis.
WASHINGTON–The U.S. Supreme Court voted unanimously to decline to widen the reach of a federal law that targets abusive debt-collection tactics, including harassment and threats, saying it does not cover companies that buy debt and then attempt to collect on it.
WASHINGTON—Passage last week by the House of Representatives of the Financial CHOICE Act means the attention of CUNA and NAFCU is now focused on the Senate’s version of the bill. But odds are expected to be long for passage of the companion legislation in the Senate.
WASHINGTON–The House Judiciary Subcommittee on the Constitution and Civil Justice today plans to review lawsuit abuse in connection with the Telephone Consumer Protection Act (TCPA).
BROOKFIELD, Wis.—Fiserv has announced that multiple banks and credit unions will join the Zelle Network through Turnkey Service for Zelle from Fiserv, which the company said will allow consumers to make fast person-to-person (P2P) payments directly from their online banking sites and mobile banking apps.