WASHINGTON–In a case that had the attention of credit unions, financial services providers, business groups and consumer groups alike, the Supreme Court has rejected a challenge to the way the Consumer Financial Protection Bureau is funded.
Fresh Today
NEW YORK—A new term has been coined for buy now, pay later financing, and it’s an issue that concerns many in credit unions: “phantom debt.”
WASHINGTON–A House hearing on oversight of the prudential regulators focused primarily on grilling the FDIC chairman for what has been called a “toxic” environment at the agency that has led scores of women to quit and which was the subject of a highly critical report.
WASHINGTON–Although he was not able to be present at a House hearing on oversight of the prudential regulators due to back surgery, NCUA Chairman Todd Harper did submit a statement in which he offered updates on CU performance, where concerns lie, AI and more.
WASHINGTON–The Defense Credit Union Council has sent a letter to Congress outlining its position on a number of issues.
ONTARIO, Calif.–The California and Nevada Credit Union Leagues and Utah’s Credit Unions are reporting they have taken the next step in their new alliance with a change in CEOs.
LAWRENCEVILLE, Ga.–To mark the 30th anniversary of the leadership of Marshall Boutwell, president and CEO of Peach State FCU, the credit union’s board has approved creation of two $5,000 scholarships for veterans seeking to expand their education to enhance their long-term career opportunities.
DALLAS–Registration has opened for ALM First’s 2024 Financial Forum, which is set for Sept. 22 – 25 at The Ritz-Carlton, Dove Mountain in Marana, Ariz.
PORTSMOUTH, N.H.–Northeast Credit Union is introducing a new name and brand.
ST. PETERSBURG, Fla.–Velera, the new name for the company formed by the merger of PSCU/Co-op Solutions, has been named a winner of Glassdoor’s inaugural award for Best-Led Companies 2024 in the U.S.