WASHINGTON—The Consumer Financial Protection Bureau has released a special edition of its Supervisory Highlights describing a range of unlawful activities identified by CFPB examiners across student loan markets.
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WASHINGTON--The Defense Credit Union Council has sent a letter to Representative French Hill (R-AR) on his selection as chairman of the House Financial Services Committee.
WASHINGTON—There is significant concern that Nacha’s proposed addition of a fourth Same Day ACH (SDA) processing window will correspond with greater operational burden for many credit unions receiving depository financial institutions (RDFIs), America’s Credit Unions wrote in a comment letter sent to Nacha.
WASHINGTON—In line with its anti-regulation stance, the Trump transition team is reportedly seeking ways to markedly shrink, consolidate or even eliminate the top bank watchdogs in Washington, The Wall Street Journal reported.
NORTH AUGUSTA, S.C.—The $1.8-billion SRP FCU has suffered possible data breach, according to several news reports.
MILWAUKEE — Scammers posing as representatives of Educator’s Credit Union are reportedly contacting members to obtain personal information including login credentials, card numbers, PINs, or one-time numerical codes, the credit union reported.
WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 0.4 points in November to 75.0, continuing its sharp upward trend over the past year as consumers appear to be acclimating to the higher mortgage rate and home price environment, Fannie Mae reported.
SHEBOYGAN, Wis.—The $81 million Sheboygan Area Credit Union has promoted Lois Pluff to president and CEO, WHBL reported.
TROY, Mich.— While 83% of U.S. small businesses expect more good than bad things to happen for their companies, more than half (51%) are currently categorized as financially unhealthy, a new study reveals.
GREENSBORO, N.C.– Vizo Financial is giving back over $4.1 million to capital members in the form of a service usage credit and a higher rate on the perpetual contributed capital (PCC) account in December, the corporate CU announced.