PSCU Paying Out $17.8 Million Patronage Dividend 12/14/2021 07:39 pm ST. PETERSBURG, Fla. — PSCU has announced a patronage dividend for the 2021 fiscal year of $17.8 million, with 30% being distributed in cash.
CFPB ID’s 6 ‘Key Actions’ Planned for 2022, But In a Surprise, One is Missing 12/14/2021 07:36 pm WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has identified six regulatory activities for 2022 on which it plans to take “key” actions.
Calling Overdraft Fees a ‘Plague,’ Washington Post Calls on Regulators to Step In 12/14/2021 07:39 pm WASHINGTON–The Washington Post editorial board is calling for regulators to take a new approach to do the “right thing” and act on overdraft fees, saying waiting on banks and credit unions to do the right thing will take too long.
Half of FICUs Had Fewer Members at End of Q3 Than 1 Year Earlier; Idaho, Nevada Lead on Asset Growth, New NCUA Data Show 12/14/2021 07:39 pm ALEXANDRIA, Va.–More than half of all federally insured credit unions had fewer members at the end of the third quarter of 2021 than they had one year earlier, most of which were smaller CUs.
‘Rules of the Road’ for Stablecoins are Needed, NAFCU Tells Senate 12/14/2021 07:38 pm WASHINGTON—NAFCU wrote to the Senate Banking Committee ahead of a hearing on stablecoins saying credit union and others need “rules of the road.”
Kentucky League, Joins With State Agency on CU@Work Youth Apprenticeship 12/14/2021 07:36 pm LOUISVILLE, Ky.–The Kentucky Credit Union League said it has partnered with the Kentucky Education Workforce Development Cabinet to provide students a pathway into the financial services industry.
