Advanced search

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) said it is concerned that traditional banks and other providers are taking steps that are hurting so-called money services businesses (MSB), which include check cashers, and as a result hurting certain consumers.

SAN DIEGO – The deadline is now less than a year away for the “largest” mortgage loan compliance change seen in many years.

BROOKFIELD, Wis.—Fiserv has released a white paper with recommendations for how banks and credit unions can maximize mobile banking adoption and usage rates among consumers.

WASHINGTON – So-called “debt settlement” continue to market “dubious” services to consumers, despite extensive criticism from government agencies and regulators, the media and consumer groups, according to the Consumer Federation of America, which has issued a new statement urging consumers to beware of companies offering to cancel or reduce their debts.

SUVA, Fiji--The prime minister of Fiji greeted credit union representatives at a conference here with a strong message about the need for honesty and sincerity--citing one bank failure as an example.

BIRMINGHAM, Ala./TALLAHASSEE, Fla.—A new survey shows that the League of Southeastern Credit Unions & Affiliates’ cooperative image campaign continues drive members in large numbers to CUs in Alabama and Florida.

MADISON, Wis.--UW Credit Union reported it has taken a $13.1 million charge-off as part of a "loss contingency" related to what it believed to be USDA-backed loans.

CHICAGO—A new study indicates that a gap exists between digital consumer behavior and banking delivery—and that evolving to digital bank model could drive 5.6% more profitability.

CHICAGO—A new survey finds credit union executives believe auto loans will afford CUs the greatest loan growth opportunities in 2015.

MOUNTAIN VIEW, Calif.—One credit union has turned to a cash bonus instead of raising rates to attract deposits and fuel 21% loan growth.

Part 5 in CUToday.info series on deposits.