NEW YORK—It appears more bad news is mounting related to the growing amount of consumer credit card debt.
Fresh Today
OLYMPIA, Wash.–Four more credit unions have selected the “digital life event” lending platform from QCash Financial, according to the company.
ALEXANDRIA, Va.—In what should be a brief meeting Thursday, the NCUA board will vote on a subordinated debt final rule.
WASHINGTON —The CFPB was the subject of its first hearing under a Republican-controlled House and, as expected, the Bureau was criticized for everything from its funding to its rulemaking to its approach to so-called “junk-fees.”
WASHINGTON–As part of a weekend spent dealing with the second-largest bank failure of all time and the shutdown of a second bank on Sunday, Treasury officials reassured the markets and Americans the banking system is “safe,” with the Federal Reserve announcing Sunday it is making available additional funding to eligible depository institutions--including credit unions--to help “assure banks have the ability to meet the needs of all their depositors.
WASHINGTON—Credit unions have been “frustrated” with the Community Development Financial Institutions (CDFI) Fund’s certification and grant process, CUNA told the House Ways and Means Committee leadership.
WEST PALM BEACH, Fla.–Guardians Credit Union has named a new president and CEO to replace the retiring John Deese, who is exiting after 44 years with Guardians CU. The $302.4-million credit union has selected Steve Bosack to lead the organization effective April 3.
WASHINGTON—The Federal Communications Commission (FCC) has received recommendations regarding its Report and Order requiring providers to block texts purporting to be from numbers on a reasonable Do-Not-Originate list, including that the FCC make available a single point of contact for text message blocking complaints.
SACO, Maine–PeoplesChoice Credit Union here has found a unique way to put a charge into fundraising to fight hunger in the state.
MADISON, Wis.—CUES has announced its Advanced Management Program from Cornell University will be returning this summer and will offer emerging leaders the opportunity to explore eight c-suite positions in-depth.