WASHINGTON–The Federal Trade Commission said it will require background report providers TruthFinder and Instant Checkmate to pay $5.8 million to settle charges that they deceived consumers about whether consumers had criminal records and that the companies violated the Fair Credit Reporting Act (FCRA).
Fresh Today
WASHINGTON–Thanks to a jump in the price of gasoline, the Consumer Price Index climbed 3.7% in the year through August, according to new data from the Bureau of Labor Statistics.
PITTSBURGH–In part II of this newest installment, CUToday.info’s industry-leading and ongoing updates on mergers in credit unions finds one merging CU with double the net income of the acquiring CU, two CUs representing $105 million in total assets merging into the same CU (and using the same language in their messages to members), and one CU with approximately $4,400 in capital per member saying there will be no net worth distribution as part of its planned merger.
ARLINGTON, Va.—Total consumer credit grew 2.5% in July at a seasonally-adjusted, annualized rate and is up 4.9% compared to a year ago, according to new data. Total consumer credit at credit unions grew 0.6% in July.
WASHINGTON—Credit unions got another in-person presentation from the CEOs of CUNA and NAFCU on the proposed merger between the two trade groups to form a new organization called America’s Credit Unions.
WASHINGTON—Two people from opposite sides of the political aisle offered their thoughts on the state of the country, American politics and the 2024 elections in comments to NAFCU’s Congressional Caucus.
WASHINGTON—Saying credit card interchange price controls, such as those included in the Credit Card Competition Act currently before Congress, will bring no benefits to consumers, a panel at NAFCU’s Congressional Caucus outlined their views on the “detrimental impacts” they said the legislation will have.
WASHINGTON–In remarks to credit union leaders gathered here, NCUA Chairman Todd Harper reviewed what he said deserves attention in the latest credit union data, while NCUA Board Member Rodney Hood took a longer-term view based on his tenure with the agency.
SAVANNAH, Ga.–Here’s a certainty: You’re a member of a generation. And here’s what is most likely another certainty: You have assumptions about generations that are probably wrong.
SAVANNAH, Ga.–Everyone has one of eight “stress personalities,” according to one expert, who explained that while it’s important for leaders to know their own, it’s not necessary to know the stress personality of others—what matters instead is understanding everyone reacts differently to stress.