WASHINGTON—To help facilitate recovery efforts from wildfires and straight-line wind damage in Los Angeles County this year, four federal financial institution regulatory agencies—the Federal Reserve, NCUA, FDIC and the OCC—Tuesday temporarily paused certain appraisal requirements for real estate-related transactions, the agencies stated in a joint release.
WASHINGTON—The Consumer Financial Protection Bureau has reached an agreement with plaintiffs to settle a lawsuit over its rule on credit card late fees.
DENVER—Velera has introduced a new, tiered fraud service model approach to meet credit unions where they are in their risk mitigation journey, providing them with tailored offerings to accommodate individual needs.
WASHINGTON--A credit union-focused bill is gaining momentum in the Senate.
WASHINGTON — A strong majority of U.S. consumers are happy with their credit cards and do not want the government to interfere with their card’s rewards programs, a new study reveals.
WASHINGTON—Republican lawmakers in the House and Senate have introduced a resolution to overturn a 2024 final rule that changed how the Office of the Comptroller of the Currency reviews proposed bank mergers, the ABA Banking Journal reported.
WICHITA, Kans.--Millennium Corporate Credit Union has named interim president/CEO Brady McLeod president/CEO.
WASHINGTON--The Defense Credit Union Council has sent several letters of opposition to legislative proposals in California, Colorado, Texas, and Illinois that threaten to undermine the financial well-being of military members, veterans, and the credit unions that serve these populations, DCUC said.
WASHINGTON— The Trump administration has initiated a review of the CFPB’s use of regulatory guidance, aiming to eliminate what it considers an unlawful approach to rulemaking, Fox Business reported.
WASHINGTON—President Donald Trump has fired NCUA Board Member Todd Harper.
