WASHINGTON–The CFBP’s proposed rules around arbitration agreements is being met with strong criticism that it is potentially a strong threat to credit unions.
Fresh Today
HARAHAN, La.–With portions of the state still flooded and as many as 40,000 homes impacted here, the Louisiana Credit Union League has issued what it is calling the “Louisiana CU Strong Challenge” to credit unions across the state.
GRAY, Tenn.–Appalachian Community FCU has won a $2-million award as part of the Wells Fargo NEXT Awards for Opportunity Finance.
NEW HAVEN, Conn.–Pamela Mallory, a former CU lending manager at 360 FCU CU who pleaded guilty to embezzling more than $840,000, has been sentenced to 21 months in prison.
HAUPPAUGUE, N.Y.–GrooveCar has added an auto refinance calculator to its vehicle buying resource.
WASHINGTON—The CFPB’s Student Loan Ombudsman has released a report finding consumers complain of servicing problems that make it difficult to get lower student loan payments tied to their income.
LAWRENCE, Mass.–An economic development fund here in which credit unions are participants is expanding.
WASHINGTON–Mortgage applications decreased 4% from one week earlier, according to the newest numbers from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications.
GRAND RAPIDS, Mich.–Xtend, Inc. hosted its 2nd Sales and Marketing Roundtable for credit union professionals with attendees from Michigan, Illinois, Indiana and South Dakota on hand to discuss industry trends in sales and marketing, current initiatives underway at their respective credit unions, and opportunities for collaboration.
WASHINGTON—CUNA has sent a comment letter to NCUA in which it largely supports proposed Rule 705.