ARLINGTON, Va.—NCUA Chairman Debbie Matz Tuesday reaffirmed that the agency will consider “good faith efforts” by credit unions to comply with the Truth in Lending Act and Real Estate Settlement Procedures Act (TILA/RESPA) integrated disclosures (TRID) rule during examinations.
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NORWALK, Conn.–Two credit union representatives have been named as members of the Financial Accounting Standards Board’s (FASB) Transition Resource Group (TRG), related to its upcoming credit losses standard.
SAN DIEGO–Anne Legg, well known to many for a career in both credit unions and with a major credit union solutions provider, has founded THRIVE Strategic Services to work with credit unions to “develop transformational business strategies designed to allow them to thrive in a competitive, highly regulated and disrupted business climate.”
WASHINGTON—The CFPB has issued an interim final rule that broadens the availability of certain special provisions for small creditors that operate in rural or underserved areas.
BIRMINGHAM, Ala.—More payments analysts are saying that the slow-moving chip transaction, backing up lines at checkout counters across the U.S., is a boon for digital wallets.
RICHLAND, Wash.–HAPO Community Credit Union has introduced a new, 25-foot-long mobile branch.
FARMERS BRANCH, Texas–The Cornerstone Credit Union League’s Community Investment Fund (CIF) Development Grant Fund reported it has distributed 27 grants totaling $76,450.
MIAMI—NYMBUS, a complete, full-stack, API driven core processing platform, has launched a new CUSO, CUNYMBUS.
BOSTON–Watch out credit unions: it isn’t just the new, non-traditional fintech players that are setting new standards in terms of loan service—some big banks, are too.
BROOKFIELD, Wis.–Billing organizations are experiencing a surge in mobile visits as consumers use mobile devices for more activities, including payments.