Agency To Host Webinar On Financial Lit, Inclusion, Capability 03/16/2016 08:46 pm ALEXANDRIA, Va.—NCUA is hosting a webinar to help credit unions learn more about promoting financial literacy, financial inclusion and financial capability.
Name Announced for CU Created By Warren FCU, Community Financial Merger 03/08/2016 08:39 pm BROOMFIELD, Colo.—Two credit unions that earlier announced a merger have now also announced the new name for the combined institution.
How Crooks Are Responding to Increasing Use of Chip Cards 03/08/2016 08:40 pm SCOTTSDALE, Ariz.—The volume of chip card transactions in the U.S. increased from $12.1 billion in November to $15.8 billion in December, a 30% increase in one month, according to Visa.
Consumer Credit Defaults Hold Steady 03/16/2016 08:24 pm NEW YORK—Consumer credit default rates continued to hold steady in February according to the latest data from Experian.
Attention (Needed)! CUNA Pushes For Clarification Around Military Lending Act 03/16/2016 08:24 pm WASHINGTON—CUNA said it is continuing its broad advocacy efforts to secure “substantive compliance guidance” for credit unions regarding changes to the Military Lending Act (MLA).
Number of Homes In Foreclosure Continues to Slide 03/08/2016 08:44 pm IRVINE, Calif.— The foreclosure inventory declined by 21.7% and completed foreclosures declined by 16.2% in January of this year compared with January 2015, according to the January 2016 National Foreclosure Report from CoreLogic.
A Look At The Complaints The CFPB Is Hearing 03/08/2016 08:46 pm WASHINGTON–As of Feb. 1, 2016, the CFPB has handled 811,700 complaints nationally, with complaints related to financial products primarily having to do with debt collection, mortgages and credit reporting.
CUs Twice As Likely As Banks To Offer Free Checking 03/08/2016 08:52 pm NEW YORK—Credit unions are more than twice as likely than banks to offer free checking to a consumer who is new to the organization, a new study shows.
Wisconsin Senate Passes Legislation To Update Statutes 03/16/2016 08:25 pm MADISON, Wis.–The Wisconsin Senate has passed legislation that will streamline, clarify and make more transparent the regulations affecting the state’s 150 state-chartered credit unions, according to the Wisconsin CU League.
CUNA Thanks Reps With Full-Page Ad 03/16/2016 10:01 pm WASHINGTON–CUNA ran a full-page ad in the Washington publication Politico yesterday to thank the more than 300 members of Congress who have signed a letter calling on the CFPB to exempt credit unions from its rulemaking.
