WASHINGTON—NAFCU lauded House leadership, including House Financial Services Committee Ranking Member Maxine Waters (D-CA), for their support of HR 1188, the “Credit Union Small Business Jobs Creation Act.”
Fresh Today
SAN FRANCISCO–A start-up that helps consumers to pay off high-interest credit cards is encountering some struggles as it seeks to get off the ground.
COSTA MESA, Calif.—Seventy-one percent of this year's college graduates did not receive credit or debt management classes, even though 69% of them will have to pay back student loans after graduation, according to a new report.
HOUSTON–First Service Credit Union has purchased a six-story building in the West Houston Energy Corridor as its new headquarters.
ARLINGTON, Va.—NAFCU is backing a rule allowing corporate credit unions to have a correspondent relationship with the Central Liquidity Facility.
NEW BRITAIN, Conn.–Matthew Yussman, the CFO at Achieve Federal Credit Union here who was confronted by armed gunmen at his home as part of a robbery attempt, and who would be a suspect in the case for a year afterward until the two robbers were caught, had his story featured by the Hartford Courant.
SASKATOON, Sask.–Growing urbanization combined with rising usage of mobile banking led Affinity Credit Union here to close 12 branches during 2015.
OLYMPIA, Wash.–QCash Financial said it has been selected by USAlliance Financial Credit Union to offer short-term, small-dollar loans to credit union members through its QCash product.
WASHINGTON—Several House Democrats are urging the Senate to allow a vote to confirm NCUA Board Member Mark McWatters to the board of the Export Import Bank.
NEW YORK–A federal appeals court here has dealt a setback to efforts by the government to hold Bank of America accountable for practices that contributed to the financial crisis.