WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has released its annual report on the top financial concerns facing military families, saying the report reflects the growth of digital payment app usage in the servicemember community, the unique risks to servicemembers from these services, and the potential abuse from bad actors.
Fresh Today
HUNTSVILLE, Ala.––Redstone Federal Credit Union has agreed to pay $3.7 million to resolve claims that it charged unfair overdraft and nonsufficient funds (NSF) fees, according to TopClassActions.com.
WASHINGTON—A resolution of disapproval (S.J. Res. 32) against the Consumer Financial Protection Bureau’s rulemaking on Section 1071 of the Dodd-Frank Act that has been sponsored in the Senate sponsored by Sen. John Kennedy (R-LA) has gotten the support of CUNA.
CARSON CITY, Nev.–Greater Nevada Credit Union has named a new president and CEO.
ROCHESTER, N.Y.–Employees of Genesee Co-op Federal Credit Union have agreed to a labor contract today after approximately 14 months of bargaining with the credit union.
IRVINE, Calif.–The latest episode of the On with Origence podcast has been released, featuring Mike Schenk, chief economist with CUNA, and Bob Child, chief operating officer with Origence.
ORLANDO, Fla.–TheLeague of Southeastern Credit Unions & Affiliates presented the LSCU Awards for Credit Unions of the Year during its Southeastern Credit Union Conference & Expo.
NEW YORK—Glia and Illuma Labs have announced a partnership they said it designed to streamline voice authentication for member service interactions.
MADISON, Wis.–TruStage will host a webinar today on diversity, equity and inclusion (DEI) initiatives. The webinar is scheduled for 2-3 p.m. E.T.
ALEXANDRIA, Va. –Registration has now opened for NCUA’s fourth summit focused on diversity, equity, and inclusion, set for Nov.1–2 at the Hilton Washington D.C. Capitol Hill.