NCUA Board Approves Adjustments to Civil Money Penalties; Leaves Interest Rate Cap Unchanged 01/23/2020 08:02 pm ALEXANDRIA, Va.–The NCUA board has approved an adjustment to agency’s civil money penalties for inflation, increasing the maximum levels of fines it can assess, while leaving the loan interest rate cap untouched.
Home Sales Jump During December in All U.S. Regions 01/23/2020 08:03 pm ARLINGTON, Va.—Existing-home sales rose 3.6% in December to a seasonally adjusted annual rate of 5.5 million units, with sales up in all four regions versus a year ago.
Used Car Market Heats Up in Early 2020 01/23/2020 08:02 pm LAWRENCEVILLE, Ga.—The used car market is heating up early this year.
Other Bank Groups May See Move as Encouragement 01/26/2020 08:50 pm ROYAL OAK, Mich.—What will the decision by a regulator in Colorado to block a credit union’s planned acquisition of a bank mean moving forward? Several analysts are weighing in.
Elevations CU Receives Peak Performance Award 01/27/2020 12:04 pm BOULDER, Colo. — Elevations Credit Union has received the 2019 Peak Performance Award from Rocky Mountain Performance Excellence, becoming only the third organization to earn the award twice in RMPEx’s 20-year history.
U.S. Senate FCU Names Smith Chief Lending Officer 01/27/2020 12:50 pm ALEXANDRIA, Va.--U.S. Senate Federal Credit Union has named Jeff Smith Chief Lending Officer.
Consumers Do An About-Face on Chip Cards 01/26/2020 05:06 pm PARIS—It wasn’t that long ago as issuers moved to chip cards from mag stripes that consumers were complaining about the change.