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Hossam Selim

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Michael Glogowski

American Express

CFPB 11

ALEXANDRIA, Va.–A review by CUToday.info of the last four months of disclosure forms filed with NCUA by credit unions that are merging reveals intriguing insights into who is being compensated as the result of mergers and for how much, which CUs have distributed net worth to members (in some cases there is no distribution even in cases where capital is north of 40%), and poignant tales from credit unions that say they see no path forward.

WASHINGTON–In a letter to United States Postal Service (USPS) Postmaster General Louis Dejoy, Sen. John Boozman (R-AR), Senate Homeland Security and Governmental Affairs Ranking Member Sen. Rob Portman (R-OH), Senate Banking Committee Ranking Member Sen. Pat Toomey (R-PA), as well as Sens. Tommy Tuberville (R-AL), John Thune (R-SD), Mike Crapo (R-IDA) expressed “major concerns” with the USPS pilot program offering paycheck-cashing services.

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