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WASHINGTON—After strong pushback from credit unions and their trade groups, the CFPB has announced it will consider “good faith efforts” by credit unions to comply with the new integrated mortgage disclosures rule set to take effect Aug.1 under the Truth in Lending Act and Real Estate Settlement Procedures Act (TILA/RESPA).

WASHINGTON—With much speculation around the future of overdraft services and all its related income as the CFPB puts the product in its sights, CUNA is calling on the agency to move cautiously and recognize that many members have indicated they strongly support overdraft programs.

WASHINGTON—CUNA is cautioning the CFPB over “potential unintended consequences” over a proposal related to payday and vehicle title loans.

WASHINGTON—Reflecting the change that has taken place in the economy, the Federal Reserve has named Gordon Werkema as its first-ever payments strategy director.

DANVILLE, Penn.--Members Choice Financial Credit Union held its Annual Meeting where in front of 200 members it reflected on 2014 results and presented $23,000 to six outstanding charities that were the focus of its “Decades of Dedication” celebration

ALEXANDRIA, Va.— In the spirit of celebrating the bravery of America’s Wounded Warriors, PenFed Credit Union said it will host the first U.S. qualifying event for the 2015 Simpson Cup at TPC Potomac at Avenel Farm in Potomac, Md. today and tomorrow.

RANCHO CUCAMONGA, Calif. – CO-OP Shared Branch is now the third largest network of financial institution branches, having surpassed Bank of America in number of branch offices, the company reported.

HOUSTON– Randolph-Brooks Federal Credit Union has turned to Dolphin Debit to increase its presence at Murphy USA fuel stations in Texas and better serve its members.