WASHINGTON—Both credit union trade groups are praising the Environmental Protection Agency (EPA) following the release of its plan to distribute $27 billion as part of the Greenhouse Gas Reduction Fund (GHGR), a plan adopted under the Inflation Reduction Act.
Fresh Today
WASHINGTON— The total number of collections tradelines on credit reports last year declined by 33%, from 261 million tradelines in 2018 to 175 million tradelines in 2022, according to a new report from the Consumer Financial Protection Bureau (CFPB).
WASHINGTON– A new report has been released that identifies what it says are the top 20 U.S. banks most dependent on junk fees and which disproportionately target lower-income consumers through their branch locations.
MADISON, Wis.–CMFG Ventures, the venture capital arm of CUNA Mutual Group, has released a report that provides details on the impact of its Discovery Fund, which was created to invest in early-stage companies with diverse founding teams building solutions for financial inclusion.
PURCHASE, N.Y.—U.S. retail sales excluding automotive were up +8.8% year-over-year in January, according to Mastercard SpendingPulse data, which measures in-store and online retail sales across all forms of payment.
WASHINGTON– The American Bankers Association said a proposed rule that would require certain federal contractors to disclose and reduce their greenhouse gas emissions could place “impractical requirements” on banks and other businesses.
MADISON, Wis.—The Worldwide Foundation for Credit Unions and the World Council of Credit Unions said they are accepting applications through April 14 from credit union development educators interested in obtaining designation in the International Credit Union Development Education (I‐CUDE) program.
ARLINGTON, Va.– James Barr, who served as the first CEO of what is now the National Association of Federally Insured Credit Unions (NAFCU), has died. Mr. Barr was 87.
NEW YORK—It is not just Millennials who are struggling with credit, as recent studies have revealed, now a new report reveals Generation X may be struggling the most.
SEATTLE— The BECU Foundation has announced the 2022 nonprofit recipients of its inaugural Housing Stability Grant, which will pay out a total of $800,000.