Card, Auto Delinquencies Expected To Rise In ’17, But No Worries—Yet 01/19/2017 08:07 pm CHICAGO—Delinquency rates for credit cards and auto loans are expected to increase in 2017, but the rise should not be considered a serious warning sign—yet, according to a new report.
CURateReset Selected by Financial Partners CU 01/24/2017 12:58 pm DOWNEY, Calif.–CURateReset, the provider of Loan Reset, Acquisition and Retention Software, said Financial Partners Credit Union has agreed to license its full suite of products.
What’s Being Cooked Up In Virginia? A Merger 01/19/2017 08:08 pm RICHMOND, Va.–Workers at one company here will be dipping their Oreos at a new credit union.
Another 6,000 Pages Of Regulations During Q4, Reports Banking Compliance Index 01/20/2017 03:33 pm NEW HAVEN, Conn.– After issuing fewer than 80 regulatory changes in each of the first three quarters of 2016, financial regulators concluded 2016 by introducing 115 regulatory changes in the fourth quarter, according to a new analysis.
Wells Fargo Announces Plans To Shutter 400 Branches Nationally 01/19/2017 08:09 pm SAN FRANCISCO–As it continues to suffer a decline in retail business following revelations of bogus account openings, Wells Fargo has announced it will close 400 of its branches by the end of 2018.
CFPB Files Suit Against Student Loan Servicer 01/19/2017 08:09 pm WASHINGTON—The Consumer Financial Protection Bureau announced that it is suing the nation’s largest servicer of both federal and private student loans for “systematically and illegally failing borrowers at every stage of repayment.”
Ventura County CU Receives Chairman's Award of Excellence 01/24/2017 02:10 pm VENTURA, Calif. — Ventura County Credit Union (VCCU) received the Chairman’s Award of Excellence at the Oxnard Chamber of Commerce 2017 Annual Meeting and Installation of Directors.
CUES Elite Access Virtual Classroom Debuts 01/24/2017 02:11 pm MADISON, Wis.—CUES has introduced the CUES Elite Access Virtual Classroom.
NCUA Wins Lawsuit Filed by Bankers Over MBL Rules 01/24/2017 08:13 pm ALEXANDRIA, Va.–NCUA has won a court decision in a lawsuit filed by the Independent Bankers Association of America over the agency’s recently approved and expanded Member Business Lending (MBL) rules.
Board Members Get Pointers On Taking A Look at Themselves, Performance 01/19/2017 08:10 pm WAIKOLOA, Hawaii–Credit union board members gathered here were offered some pointers on how to put themselves and the boards they belong to under the microscope.