TurboTax Said it Was ‘Free, Free, Free’ but Wasn’t, Wasn’t, Wasn’t, and Now it Will Pay, Pay, Pay 05/05/2022 07:43 pm NEW YORK – A multi-state agreement and $141-million settlement have been reached with Intuit following allegations its TurboTax unit deceived millions of low-income Americans by advertising that its tax services were “free” even though in the end users ended up paying.
Bankers Group Releases Policy Objectives for 2022 And, Yes, Targeting CU Tax Exemption Made the List 05/05/2022 07:41 pm WASHINGTON–The Independent Community Bankers of America (ICBA) has released its legislative and regulatory policy objectives for 2022, and the credit union tax exemption is once again on the list.
USAID Project Being Implemented by WOCCU Intro’s 2 New Virtual Mobile Platform in 2 Countries 05/05/2022 07:40 pm QUITO, Ecuador—Two distinct virtual platforms for mobile devices that are designed to benefit Venezuelan migrants and low-income locals in Ecuador and Peru have been developed the Economic Inclusion Project (EIP), a USAID-funded activity implemented by World Council of Credit Unions (WOCCU).
LGFCU Donates $50K to First-of-its-Kind CU Academy in Africa 05/05/2022 07:42 pm RALEIGH, N.C.–Local Government Federal Credit Union has made a $50,000 to The ACCOSCA Academy in Kenya, which is aimed at improving improve African communities through credit union professional education.
Greater Texas/Aggieland CU Converting to DNA from Fiserv 05/05/2022 07:40 pm AUSTIN, Texas – Greater Texas|Aggieland Credit Union has launched a conversion of its core account processing system by implementing DNA from Fiserv .
Eight State Attorneys General Urge President to Cancel All Federal Student Loan Debt 05/05/2022 07:44 pm NEW YORK – New York Attorney General Letitia James continues to lead a multistate coalition of eight attorneys general who are urging U.S. President Joe Biden to fully cancel federal student debt owed by every federal student loan borrower in the country.
Members of Texas CU OK Merger; Now Headed to SpaceCity 05/05/2022 07:42 pm CLUTE, Texas–Members of the $47-million Brazosport Teachers FCU here have voted to approve a proposed merger with the $110-million Space City Credit Union in Houston.