WASHINGTON—By Friday more than 266 legislators had signed a letter calling for the CFPB to use its authority to protect credit unions.
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ARLINGTON, Va.—NAFCU is asking the CFPB to avoid “unreasonable” overdraft rulemaking.
WASHINGTON–The Federal Housing Finance Agency last week said it is partnering with Fannie Mae and Freddie Mac to assess the feasibility of allowing lenders to use an alternative credit scoring model when determining a borrowers’ creditworthiness.
ATLANTA–CRIF Select, a division of CRIF Lending Solutions, has acquired the operations of the Credit Union Auto Loan Network (CUALN).
ALEXANDRIA, Va. – As it is National Consumer Protection Week, NCUA has issued a reminder that it offers online consumer resources to educate members about protecting their identities and finances.
MADISON, Wis.–CUNA Mutual Group has been recognized as a 2016 Worlds Most Ethical Company by the Ethisphere Institute, which helps define and advance the standards of ethical business practices.
WAYNESVILLE, N.C.—Two members of Mountain Credit Union were each presented a $10,000 grand prize in the North Carolina Save to Win prize-linked savings program.
COLUMBUS, Ohio—A bill in the Ohio legislature intended to protect borrowers in a commercial transaction could affect the ability of financial institutions in this state to recoup losses when a deal goes bad, fear some Ohio lenders.
ST. LOUIS–Enterprise Car Sales reported it generated close to $500 million in loan volume to nearly 28,000 credit union members during 2015.
SUMMERLAND, B.C.–Sumerland Credit Union here is helping to make music with its old plastic cards.