CFPB Issues Final Advisory Opinions Policy, 2 Advisory Opinions 12/02/2020 07:37 pm WASHINGTON– The Consumer Financial Protection Bureau has issued its final Advisory Opinions Policy as part of an effort to publicly address what it said is “regulatory uncertainty” in its existing regulations and to provide guidance to entities on outstanding regulatory uncertainty.
Elevations CU Wins Baldrige National Quality Award (Again) 12/02/2020 07:37 pm BOULDER, Colo.– Elevations Credit Union has again been awarded the 2020 Malcolm Baldrige National Quality Award, which recognizes organizational performance excellence.
Credit Union of New Jersey Selects CO-OP for Card Processing, Other Solutions 12/02/2020 07:42 pm EWING, N.J. –Credit Union of New Jersey has selected CO-OP Financial Services to provide it with PIN, Debit and Full-Service Credit processing, as well as other solutions.
Minutes Indicate Fed Positioned for an Increase in Asset Purchases 12/02/2020 07:38 pm ALEXANDRIA, Va.—Minutes from the Federal Open Market Committee's (FOMC) November videoconference meeting suggest the Fed is "positioning itself for an increase in asset purchases in December" to help sustain economic growth, said NAFCU’s Curt Long.
U.S. Economy Sees Big Rebound, But Still a ‘Lot of Work' to Be Done 12/02/2020 07:39 pm WASHINGTON—According to the Commerce Department's second estimate for third quarter economic growth, the U.S. economy rebounded 33.1%, remaining unchanged from the initial estimate.