WASHINGTON–CUNA has filed a letter with NCUA regarding an interagency proposal to amend regulations regarding loans in areas having special flood hazards to implement the private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act of 2012.
Fresh Today
ALEXANDRIA, Va.—The average pay at NCUA in 2015 was $116,105 (base pay plus bonus), and 54 staff members among the agency’s 1,229 employees we paid more than $200,000, according to FederalPay.org.
WASHINGTON—It was “back to school” for advocacy efforts on Capitol Hill Monday, according to CUNA, which reported that 10 leagues representing 15 states met with newly elected members of Congress and those who are returning.
WASHINGTON—Both CUNA and NAFCU have outlined their legislative priorities for 2017 and, as expected, much of it is focused on regulatory relief for credit unions.
WASHINGTON—The Government Accountability Office has issued a report detailing the progress made by financial regulators in fulfilling the GAO’s previous recommendations on implementing the Dodd-Frank Act, particularly with regard to cost-benefit analysis.
COSTA MESA, Calif.—The average credit limits for U.S. consumers have declined across all five credit score categories on a year-over-year basis, according to an analysis of Experian data by The Motley Fool.
MADISON, Wis.—In honor of retired CO-OP Financial Services CEO Stan Hollen, CUES announced it is offering two full-tuition scholarships to its Payments University.
WASHINGTON–The Consumer Financial Protection Bureau has taken action against Equifax, Inc., TransUnion, and their subsidiaries for deceiving consumers about the usefulness and actual cost of credit scores they sold to consumers.
DENTON, Texas —DATCU Credit Union announced it has paid out the largest year-end bonus dividend in its history.
BLOOMINGTON, Minn.–The $270-million Richfield-Bloomington Credit Union has named Gregory Worthen as its new CEO.