TAMPA, Fla.— Suncoast Credit Union said it plans to celebrate its 90th anniversary with a series of five special branch pop-in events during August.
Fresh Today
TIGARD, Ore.– Unitus Community Credit Union said it has entered into a partnership with University of Oregon quarterback Dillon Gabriel to launch a series of financial education videos. UCCU said Gabriel will offer viewers tips, tools, and advice to “empower them along their financial journey.”
AUSTIN, Texas–In what may be a finalist for the Irony of 2024 Award, an attempt by the cybersecurity firm CrowdStrike to thank workers who tackled the recent global IT outage with a $10 UberEATS voucher hit a stumbling block after Uber flagged the gesture as potential fraud.
WASHINGTON—A new jobs report revealing “mediocre” growth not only signals a rate cut is likely in September, it could be larger than expected, according to one credit union economist.
ANN ARBOR, Mich.–A new survey has found that while Americans’ savings rates in 2024 are similar to those of two years ago, “savings priorities have changed.”
WASHINGTON–The Defense Credit Union Council (DCUC) has launched a targeted digital advertising campaign it said is designed to highlight the “risks and concerns” around adding the proposed Credit Card Competition Act (CCCA) language to the 2025 National Defense Authorization Act (NDAA).
Change of Venue Sought Again: CFPB Files Motion Seeking to Move Late Fee Cap Case Back to Washington
WASHINGTON–In a case that has been already been batted back and forth between courts, the Consumer Financial Protection Bureau has filed a motion to dismiss the Fort Worth Chamber of Commerce as a plaintiff in a case over for lack of standing and if granted, transfer the case involving the CFPB’s proposed credit card late fee cap, which would prohibit card issuers with more than one-million open accounts from charging more than $8 for late fees, unless they could prove higher fees are necessary to cover their costs.
WASHINGTON – Consumer Reports and the National Consumer Law Center, on behalf of its low-income clients, have filed a comment letter with the CFPB that offered strong support for an interpretive rule that states BNPL accounts are considered credit cards.
MINOT, N.D.– Town & Country Credit Union has named a new president and CEO.
BLOOMINGTON, Ill.–T. Sean Wells, CEO of IAA Credit Union, has announced his retirement, effective Jan. 3, 2025. The $400-million CU said it has launched a search for a successor.