ALEXANDRIA, Va.—The NCUA has sent a Letter to Credit Unions addressing management considerations and potential risks as student loan payment obligations resume.
Fresh Today
NEW YORK–Glia, a provider of Digital Customer Service (DCS), phone and automated self-service on a single platform, said it has partnered with San Ramon, Calif.-based Lumin Digital, a provider of cloud-native digital banking solutions, to streamline digital-first member service.
MADISON, Wis. — The Worldwide Foundation for Credit Unions (WFCU) said it will host a webinar titled “Global Connections” on Oct. 19 to celebrate International Credit Union Day.
WASHINGTON — The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal court alleging Freedom Mortgage Corp. submitted legally-required mortgage loan data that was “riddled with errors.”
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has issued an advisory opinion regarding a provision enacted by Congress that generally prohibits large banks and credit unions from imposing “unreasonable obstacles on customers,” such as charging excessive fees, for basic information about their own accounts.
WASHINGTON–The CFPB is reporting its exams have helped return $140 million to consumers hit by illegal junk fees, while most institutions have eliminated NSF fees, “saving consumers $2 billion every year.”
MADISON–Credit unions have been offered a primer in what drives economies and inflation and what is motivating the Federal Reserve.
ARLINGTON, Va.—Total consumer credit fell 3.8% in August at a seasonally-adjusted annualized rate and is up 4% compared to a year ago.
RALEIGH, N.C.–All three people who ran as challengers in the board elections at State Employees’ Credit Union here have won seats on the board, ousting three incumbent board members.
WASHINGTON—Proposals to require financial service providers to exclude payment processing fees from the sales tax portion of a card payment would “bring higher costs for everyone but the largest merchants,” according to CUNA-commissioned research from Cornerstone Advisors.