WASHINGTON–While some forecasts see significant financial problems ahead for some consumers as a result of the resumption of payments on federal student loans, a new CUNA forecast predicts the effect on credit union delinquency ratios will be “modest.”
Fresh Today
WASHINGTON — The American Bankers Association and banks across the country have launched a campaign any credit union could also embrace, having now rolled out its fourth annual #BanksNeverAskThat consumer protection campaign.
WASHINGTON—NAFCU and CUNA have joined with other trade associations in expressing concerns to the CFPB over the “condensed timeframe” of its rulemaking to address consumer reporting topics in the Fair Credit Reporting Act (FCRA).
SNELLVILLE, Ga.– The African-American Credit Union Coalition (AACUC) has announced new inductees into its African American Credit Union Hall of Fame.
WASHINGTON–More than half of all the counties in the United States face increased risks related to future exposure to at least one of three climate hazards — flooding, wildfire, or extreme heat – that will hurt Americans’ household finances, according to a new report released by the Treasury Department.
ALEXANDRIA, Va.–NCUA’s Office of Inspector General (OIG) said it has identified four weaknesses in the agency’s compliance with information security laws, as well as 12 prior recommendations it said remain open after having been previously identified.
BOSTON–New data released as part of Alignable’s September Rent Report indicates 40% of small business owners were not able to pay their rent in full and on time this month—a new record for 2023.
GREENSBORO, N.C.–Vizo Corporate FCU will host a webinar titled, “Understanding the Language of Credit Union Financials and Ratios” on Oct. 24. The webinar will run from 10-11 a.m.
COLUMBIA, S.C./RALEIGH, N.C.—The Carolinas Credit Union League has approved a donation of $75,000 to the Carolinas Credit Union Foundation’s Technology and Capital Improvements Grant Program as part of what it said is a commitment to advancing the success of small credit unions.
WASHINGTON–The Federal Trade Commission has joined the Consumer Financial Protection Bureau (CFPB) in filing an amicus brief in the U.S. Court of Appeals for the Second Circuit urging reversal of a district court decision that the agencies say overlooked the Fair Credit Reporting Act’s requirement to delete information disputed by a consumer that cannot be verified by a furnisher of that information.
