WASHINGTON—NAFCU and CUNA have joined with several financial trade associations in calling on President Biden to hold the CFPB “accountable” when it comes to the rulemaking process, saying they want to see support for “clear rules of the road” in the financial services industry.
Fresh Today
MADAWASKA, Maine–NorState FCU has selected PSCU to provide debit and credit card processing services and support.
NEW YORK—Fewer banks are raising underwriting standards for credit cards, auto and other consumer loans, though lending conditions remain historically tough, according to a new report.
WASHINGTON—Rep. Zach Nunn (R-IA) thanked credit unions on the House floor this week for the loans many provide to help families with adoption costs.
NEW YORK—In a new, unique, credit card promotion, American Express cardholders may be eligible for an Amazon promotion where they can save big on Amazon purchases by redeeming as little as one Amex point, according to a new report.
WASHINGTON—Should there be limits and restrictions placed on a central bank digital currency (CBDC)?
RENO, Nevada–Attention credit union associations and CUToday.info partner companies: The most comprehensive calendar of 2024 meetings and events in credit unions is now well underway, with many of those events now published here.
WASHINGTON–Rep. Patrick McHenry, who is chairman of the House Committee on Financial Services and who has been a supporter of credit unions, has announced he will not seek reelection.
WASHINGTON–CUNA’s economists have published a new economic report that features two “main changes” from its earlier forecasts: it is going to take longer to tame inflation than had previously been predicted—meaning rates will stay higher, longer-- and credit unions will experience a “pronounced earnings challenge.”
ARLINGTON, Va.–Congress has several important issues it is looking to accomplish before taking its Christmas recess, with credit unions paying particular attention to ensuring they aren’t swept up into two of the biggest items on the to-do list.