Advanced search

WASHINGTON–The Supreme Court, in a unanimous decision, has ruled that people and businesses subjected to administrative proceedings at the Federal Trade Commission and the Securities and Exchange Commission can seek to enjoin, or block, those proceedings by suing in U.S. District Court and raising constitutional arguments there.

HEATH, Ohio–Two credit unions are reporting they have earned their community development financial institution (CDFI) designations from the Treasury Department.

WASHINGTON—The Small Business Administration has finalized changes to its 7(a) and 504 loan programs, changes CUNA believes will ultimately harm the borrowers the SBA intends to aid.

WASHINGTON—NAFCU and CUNA have joined with several other trade groups in sending a letter to the House Financial Services Committee warning of “the increasing threat credit repair scams pose to consumers and the credit markets.”

WASHINGTON—The Federal Housing Finance Agency (FHFA) has issued a request for comment as it begins a regulatory review and is seeking feedback on how its regulations could be more “effective and less burdensome.”

WASHINGTON–The House and the Senate are back in session for a long work period that will run through Memorial Day.

ST. PETERSBURG, Fla.– During March, slowing economic growth was prevalent in multiple key indicators, including consumer purchasing behavior, according to the newest PSCU Payments Ind

TACOMA, Wash.–More than nine in 10 of the credit unions it assisted in applying for grants from the CDFI Equity Recovery Program (CDFI ERP) have received funds, more than $130-million in all, CU Strategic Planning is reporting.

LAUREL, Md.–The $644.5-million APL Federal Credit Union said it has selected PSCU to provide it with credit and debit card processing services and contact center support.

MADISON, Wis.—In the wake of two early Feb. 6 earthquakes, the Worldwide Foundation for Credit Unions (WFCU) said it is providing a $41,000 grant to Tarim Kredi (Agricultural Credit Cooperatives of Turkey) for the purchase of 10 portable office units that will allow some of their credit cooperatives to resume operations.