CHICAGO—An advance notice of proposed rulemaking (ANPR) on supplemental capital could be coming in January, NCUA Board Member Mark McWatters said Wednesday.
Fresh Today
CHICAGO—A member of the House Financial Services Committee Wednesday described the CFPB as “bureaucracy gone wild,” and emphasized that the Bureau needs to be held accountable to Congress for its actions and decisions.
ALEXANDRIA, Va.–NCUA Chairman Rick Metsger says NCUA’s payday alternative loan rules already protect consumers, and he is asking the Consumer Financial Protection Bureau to fully exempt these loans from its final payday lending rule.
ARLINGTON, Va.—NCUA examiners will accept “reasonable and good faith efforts” by credit unions to comply with the Military Lending Act rules that went into effect this week, the agency stated in a Letter to Credit Unions (16-CU-07).
MADISON, Wis.–The National Credit Union Foundation has named the winners of the 2017 Herb Wegner Memorial Awards.
IRVINE, Calif.—Home prices were up during August both month-over-month and year-over-year, according to the latest CoreLogic Home Price Index (HPI) and HPI.
SANTO ROSA, Calif.—Saying they are seeking economies of scale, the $196-million Community First CU and $222-million Mendo Lake CU have announced plans to merge.
ST. CLOUD, Minn.–St. Cloud FCU has launched a new EMV chip debit card with a unique, vertical card design in keeping with how EMV cards are dipped in POS terminals.
BROOKFIELD, Wis.—Fiserv has announced the launch of a multi-tier implementation model for its Auto Loan Origination System (LOS) and Automotive Account Servicing solutions to help new entrants expand into auto financing and growing lenders to improve their efficiencies.
LOS ANGELES–What does it cost to be middle class? In large part, that depends on where you live. But one researcher here said that when it comes to Los Angeles, middle class means an income of approximately $145,000.