CFPB Intro’s New Steps, Including Awards for Whistleblowers 03/10/2020 07:53 pm WASHINGTON— The Consumer Financial Protection Bureau said it has introduced three steps to advance a key priority of “preventing consumer harm” and has submitted proposed language to Congress to allow certain changes to take place.
Another Bill Intro’d to Change Leadership Structure of CFPB 03/10/2020 07:55 pm WASHINGTON—Blaine Luetkemeyer (R-MO), a member of the House Financial Services Committee, has introduced legislation that would change the CFPB's governance structure from a single director to a bipartisan commission.
Addition Financial Has New Addition: A Mortgage for Educators 03/10/2020 07:53 pm LAKE MARY, Fla. – Addition Financial Credit Union has launched a new offering for local school district employees: the A+ Mortgage Program.
Young Professional Conference Scheduled for June 03/10/2020 07:53 pm MADISON, Wis.—Young credit union professionals can explore the “unique and rewarding” experience that comes from building a lifelong career in the credit union movement while growing their leadership skills at the CUNA National Young Professional Conference, presented with The Cooperative Trust, June 11-12, 2020, in Madison, Wis., according to the trade group.
Bank of Canada Scuttles Digital Currency Plans (For Now 03/10/2020 07:52 pm OTTOWA, Ontario, Canada—The Bank of Canada has no plans to issue its own digital currency, but said that could change if cash usage drops off significantly or private options, such as Facebook’s Libra, gain widespread adoption.
Prodigy Names New CEO 03/10/2020 07:54 pm SALT LAKE CITY–Amber Harsin has been named CEO of the fintech CUSO Prodigy, replacing Bret Weekes, who is leaving to serve a mission for the Church of Jesus Christ of Latter Day Saints.
Seven-in-10 Families With Kids Say Sacrifices have to Be Made to Cover Medical Costs 03/10/2020 07:53 pm NEW YORK—Approximately 69% of families with children say they make sacrifices to keep up with their medical expenses, according to a new survey.
Tower FCU Again Named a 'Great Workplace' 03/11/2020 01:31 pm LAUREL, Md.—For the second year in a row, Tower Federal Credit Union has been certified as a “great workplace” by the independent analysts at Great Place to Work (GPTW).
Maine CU League Donates $30,000 to Good Shepherd Food Bank 03/11/2020 12:01 pm WESTBROOK, Maine–The Maine Credit Union League joined representatives from Good Shepherd Food Bank at its Hampden Distribution Center to present the organization a check for $30,000 to support its Hampden facility
Fiserv Says Nearly 600 FIs Have Selected Turnkey Service for Zelle 03/10/2020 09:07 pm BROOKFIELD, Wis.— Fiserv is reporting nearly 600 financial institutions have selected Turnkey Service for Zelle from Fiserv, with more than 360 making their selection in 2019
