Fresh Today

WASHINGTON–The Consumer Financial Protection Bureau (CFPB) said it has reached a settlement to resolve allegations that Citizens Bank violated consumer financial protection laws and rules that protect individuals when they dispute credit card transactions.

WASHINGTON—The economy is still expected to enter a modest recession in the second half of the year, al though “unusual dynamics” in the current economic cycle continue to “complicate forecasting the exact timing,” according to Fannie Mae’s Economic and Strategic Research (ESR) Group’s latest monthly commentary.

NEW YORK–A new report suggests recent bank failures are upending a long-held theory among banking executives and regulators—"that the value of a lender’s deposit business goes up when interest rates move higher.”

WASHINGTON— Concerns that enhanced regulation of the government-sponsored enterprises (GSEs) could lead to higher mortgage costs for credit unions were raised in a letter sent by NAFCU ahead of a congressional hearing on the Federal Housing Finance Agency (FH

WASHINGTON–Sen. Tom Carper (D-DE) has announced he will not seek re-election in 2024.

ALEXANDRIA, Va.–NCUA announced low-income and MDI credit unions have until June 30 to apply for Community Development Revolving Loan Fund grants.

FARGO, N.D.–People across the Dakotas will be seeing the credit union message when they stop to pump gas beginning this Memorial Day weekend.

HELENA, Mont.–Three credit union professionals have been recognized at Montana’s Credit Unions for their accomplishments. The recognitions were made during the association’s annual Power Up conference.

MIDLAND, Mich.– Members First Credit Union has been awarded a $1.5 million Community Development Financial Institution (CDFI) grant.

WINSTON-SALEM, N.C.–Plans are moving forward to place one credit union’s name atop an iconic skyscraper in this city’s downtown.