Fresh Today

WASHINGTON—Credit unions will be watching today to see if a new NCUA board member will be confirmed by the Senate to join the board.

CHATTANOOGA, Tenn. –Comtrust Federal Credit Union said it will soon break ground on a new corporate headquarters.

WASHINGTON—Complaints related to robocalls and unwanted live telemarketing callas have decreased to a five-year low, according to the newly released National Do Not Call Registry Data Book for Fiscal Year 2023 from the Federal Trade Commission (FTC).

NEW YORK—Costco Anywhere Visa cardmembers can now access Citi’s buy now, pay later (BNPL) option, Citi Flex Pay, to pay for purchases, Citi has announced.

LONDON—The U.K.’s new digital asset marketing rules are now in place, bringing digital asset promotion rules in line with those applying to more traditional financial assets, according to a new report.

NEW YORK—Credit cards continue to be the preferred choice among consumers for financing their leisure travel expenses, with approximately two-thirds of those who traveled or intended to travel this summer opting to use credit cards for their payments, a new study shows.

WASHINGTON—Sollers College and its parent company, Sollers Inc., have been ordered to cancel $3.4 million in student debt to resolve separate charges brought by the Federal Trade Commission and the state of New Jersey, which said the companies “lured” prospective students to enroll by “falsely” touting their job-placement rates and that their relationships with prominent companies would lead to jobs after students graduate, the FTC said.

ST. PETERSBURG, Fla./RANCHO CUCAMONGA, Calif.–Two of the largest CUSOs in credit unions have announced plans to combine, with PSCU and Co-op Solutions entering into an agreement to combine. 

WASHINGTON–Hiring during October cooled considerably, according to new data released last week by the Labor Department.

BUFFALO, N.Y.–The effects of rising rates on the number of mortgage applications being filed can be seen in new data released by one company.