CFPB Issues New Warning Over ‘False Advertising’ Around Remittances 03/27/2024 07:09 pm WASHINGTON — The Consumer Financial Protection Bureau (CFPB) has issued a new circular warning remittance transfer providers that “false advertising” about the cost or speed of sending a remittance transfer can violate federal law.
ABA Raises Objections to Portions of FDIC’s New Statement on Bank Merger 03/27/2024 07:09 pm WASHINGTON — The American Bankers Association wasted little time in offering its thoughts after the Federal Deposit Insurance Corporation (FDIC) said it was seeking public comment on proposed revisions to a new Statement of Policy on Bank Merger Transactions.
Seeking to Attract, Retain Younger Members, MSUFCU Partnering With Frich Money 03/27/2024 07:09 pm EAST LANSING, Mich.–Michigan State University FCU said it has entered into a partnership with social finance app Frich Money as part of an effort to attract and retain younger members.
What do Saints and Pelicans Have in Common? Keesler FCU Now the Official CU of Both 03/27/2024 07:14 pm BILOXI, Miss.–Keesler Federal Credit Union said it has become the Official Credit Union of both NFL’s New Orleans Saints and the NBA’s New Orleans Pelicans.
OneAZ Credit Union Enters into Partnership with State Forty Eight Foundation 03/27/2024 07:14 pm PHOENIX–OneAZ Credit Union said it is partnering with the State Forty Eight Foundation on a new partnership that “aims to uplift and empower small businesses and entrepreneurs across Arizona.”
Those Looking to ‘Game’ Open Banking for Own Benefit to Get Scrutiny from CFPB 03/27/2024 07:14 pm WASHINGTON—The Consumer Financial Protection Bureau is on the lookout for financial services industry players hoping to “game” open banking for their own benefit, according to one new report.
MidFlorida Credit Union Intro’s Checking For Young Members Between Ages 10-20 03/27/2024 07:14 pm LAKELAND, Fla.–MidFlorida Credit Union said it is now offering young members between the ages of 10 and 20 a new checking option.