ONTARIO, Calif.—Another credit union lawsuit against Home Depot for the costs of the 2014 data breach may be moving forward.
Fresh Today
WASHINGTON—With the April 27 deadline for comments on the second risk-based capital proposal approaching, CUNA is providing new resources to encourage credit unions to weigh in.
WASHINGTON—The Consumer Financial Protection Bureau is considering proposing rules that would end what it is calling “payday debt traps” by requiring lenders to take steps to make sure consumers can repay their loans.
WASHINGTON—NAFCU and CUNA are carefully evaluating the CFPB’s proposed guidelines on payday lending to make sure the new rules do not impact CUs’ ability to lend to members or add to regulatory burden.
MOORE, Okla.—The Cornerstone CU Foundation is offering to help any credit unions or their employees who were affected by the tornado that hit here on Wednesday night.
ALEXANDRIA, Va.—NAFCU President and CEO Dan Berger applauded NCUA Chairman Debbie Matz’s response to the trade association’s request that NCUA consider good faith efforts by credit unions to comply with the CFPB’s new integrated mortgage disclosure forms.
LAS VEGAS–Sixty-two percent of middle-income Americans worry about their financial stability every day, according to new research released by CUNA Mutual Group.
BROOKFIELD, Wis.—A new study shows substantial growth in mobile bill pay offerings and usage over the past year. Almost one in five visits to a biller’s website come from a mobile device—a 55% increase over 2013.
QUAD CITIES, Iowa—DHCU Community Credit Union is changing its name to Vibrant Credit Union. It said it is making the change to “better reflect its approach to financial services.”
SUNRISE, Fla.—The $429-million BrightStar CU has named Michael Tomko as its new president/CEO. He replaces Coliin Battle, who had been serving as interim CEO.