WASHINGTON—A new report from the Office of the Comptroller of the Currency (OCC) indicates that banks are taking on more risk as competition for auto loans increases.
Fresh Today
DOVER, Del.–An employee of Dover FCU here mistakenly transferred member information files to their personal Dropbox account, according to a letter the credit union sent to its members.
MEXICO CITY, Mexico—Mexicans in the U.S. sent $2.4 billion to Mexico in November, when Donald Trump won the presidential election, marking the biggest increase of remittances in a decade.
CHICAGO–Another store has opened inside The Credit Union Mall.
DALLAS–For the ninth consecutive year, in 2017 Neighborhood CU will again be surprising its members with prizes for good savings habits, but this year plans to double the grand prize amount to $49,999.99.
LIVONIA, Mich./OVERLAND PARK, Kan.–Sprint and CU Solutions Group announced they have broadened their relationship to offer credit union members cash benefits with the Sprint Credit Union Member Cash Rewards Program.
WASHINGTON—CUNA has sent a letter of support for the Credit Union Residential Loan Parity Act (HR 389), stating the legislation would enable credit unions to better serve their members who purchase rental properties.
WASHINGTON—Two Republican senators are calling for President-elect Donald Trump to remove CFPB Director Richard Cordray “promptly” after he is inaugurated.
WASHINGTON–On the same day the U.S. Supreme Court heard arguments in a case of credit card surcharges, the National Retail Federation called on the Court to allow merchants “to freely and accurately show customers the added costs that come with paying by credit card rather than cash.”
WASHINGTON–Student debt, so often associated with Millennials, is increasingly a problem for people 60 and older, even though it’s likely they didn’t attend school themselves, according to a new report from the CFPB.