WASHINGTON--The U.S. Department of the Treasury is soliciting comments concerning the Community Development Financial Institution (CDFI) Certification Application process.
Fresh Today
CHICAGO—The nation’s youngest and oldest consumers are changing how they borrow, according to a new study from TransUnion.
BIRMINGHGAM, Ala.—During a year in which consumers are increasing their revolving debt, credit card debt fell slightly in August for the first time since February.
WASHINGTON—The Consumer Financial Protection Bureau has announced a new Project Catalyst research pilot to examine the effectiveness of early intervention credit counseling for consumers who are at risk of default on their credit card debt.
FARMINGTON HILLS, Mich.—Community Choice Credit Union here is attempting to solve a mystery.
WASHINGTON—Large banks now have stronger balance sheets as they emerge from the financial crisis, but work remains to be done in adjusting business models to reflect new economic realities of lower profitability and greater regulatory requirements, according to a new report from the International Monetary Fund.
CHICAGO—Next week marks International Credit Union Week, with this year’s theme “Local Service. Global Good.”
SPOKANE, Wash.—Credit unions were urged to build their digital marketing expertise during the Northwest Credit Union Association’s (NWCUA) Amplify Convention here.
BETHPAGE, N.Y.--Kirk Kordeleski has stepped down as president and CEO of New York's largest credit union, Bethpage FCU, citing health reasons.
WASHINGTON—Jim Nussle, the former Iowa congressman who is now CUNA’s new CEO, said he is working to provide the “bold leadership” the association’s board stressed it was seeking when it hired him, is getting up to speed on both internal and external CU system challenges, and indicated he is open-minded about working with traditional enemies of credit unions when there are areas of common interest on Capitol Hill.