WASHINGTON–The Supreme Court decision upholding the constitutionality of the funding structure of the CFPB is likely to only embolden an already emboldened regulatory agency, according to one person.
Fresh Today
WASHINGTON–Both the House and Senate are in session this week and the legislation and hearings before both bodies in which credit unions have an interest will look familiar. Separately, the FDIC's chair says he will step down in wake of reports of 'toxic culture,' calls for resignation.
WASHINGTON–Sen. Elizabeth Warren (D-MA) is keeping up her pressure on Frontwave Credit Union and its overdraft fees, this time calling for the Department of Defense to investigate the arrangement between the credit union and the U.S. Marine Corps.
WASHINGTON—Saying the growing complexity of market offerings demands more time for input into government proposals and responses, America’s Credit Unions has filed a comment letter with the Office of Management and Budget.
HUNTSVILLE, Ala.–Redstone FCU has released a statement following the arrest of 18 people who allegedly were involved in a fraud that cost the CU more than $2 million.
ORLANDO–Three CFOs from three different-size credit unions shared some of their budgeting best practices and lessons learned.
ORLANDO–Innovation often fails inside credit unions due to trap questions, zombie projects and from asking the wrong questions, according to one expert, who shared a credit union example of how to improve processes.
WASHINGTON–Ahead of meetings in Washington this week by the National Grocers Association, the Defense Credit Union Council has sent a letter to all members of Congress expressing what it said are its concerns with the Credit Card Competition Act (CCCA).
ROANOKE, Va.–A man who made threats to two credit union employees during a telephone call by saying he would “blow up Roanoke” has been found guilty.
DAVENPORT, Iowa–DuTrac Community Credit Union held a ribbon cutting for its new mobile branch in the Hy-Vee parking lot here.
