ALEXANDRIA, Va.—Despite CU private student loan delinquencies falling well below the overall private student loan market default rate, NCUA said it remains concerned over credit unions and student loan debt.
Fresh Today
WASHINGTON—Both credit union trade associations have made a list of top association lobbyists in Washington as published by The Hill, which covers politics.
Listed were NAFCU’s Dan Berger, CEO, and Brad Thaler, VP of Legislative Affairs (the 12th and seventh year in a row for each, respectively), as well as new CUNA CEO Jim Nussle.
The Hill described Nussle as a “former House Budget Committee chairman and Office of Management and Budget director” taking the reins at CUNA “where he’ll continue to fight against banks to save credit unions’ tax exemption.”
OSHKOSH, Wis.—Chatter Yak!, a CUSO specializing in marketing, social media, website development and branding, has released a new product offering known as Social Media Chats.
ALEXANDRIA, Va.—NCUA is reporting that all 44 credit unions subject to civil money penalties for the late filing of their second-quarter Call Reports have consented to those penalties.
LOS ANGELES—Legislation strongly backed by credit unions isn’t nearly as close to passing Congress as many would like to believe, according to one member of the U.S. House.
In sobering remarks offered by Rep. Brad Sherman (D-CA) at a California and Nevada league session here, credit unions were told that even with new elections looming, bills strongly endorsed by credit unions and their associations are languishing.
LOS ANGELES—While former NBA star Magic Johnson talked plenty of business during his remarks at the California/Nevada league’s annual meeting, he made plenty of references to his basketball life and his position as an owner in the Los Angles Dodgers, as well.
FRAMINGHAM, Mass.—Staples has become the latest retailer to confirm it may have suffered a data breach.
ALBANY, N.Y.—Credit Union Auto Buying Service, Inc. has filed a lawsuit against brothers Joseph and Chauncey Strevell claiming that it paid more than $1 million for 46 used cars for which titles were never delivered, in addition to eight vehicles valued at $167,000 that were allegedly also not delivered.
WOODBURY, Minn. – Ideal Credit Union reported it is converting its entire debit card portfolio to MasterCard during October. More than 22,000 consumer, business and Health Savings Account cardholders will receive new cards during the conversion process.
CAPE CORAL, Fla.--Achieva Credit Union has entered into an agreement with the City of Cape Coral to be the official Presenting Sponsor of the city’s community-wide special events schedule.