CFPB Files Suit Against Auto Loan Company 06/18/2015 08:24 pm WASHINGTON–The CFPB has sued an auto loan company, Security National Automotive Acceptance Company, for aggressive debt collection tactics against servicemembers.
Xceed Financial Rebrands Its Investment Services Group 06/25/2015 10:12 pm EL SEGUNDO, Calif.– Xceed Financial Credit Union has rebranded its Investment Services group as Xceed Wealth Management Group.
Oldest Credit Union Victimized by One of Newest Crimes 06/25/2015 10:12 pm MANCHESTER, N.H.—The oldest CU in the U.S. has been victimized by one of the newest crimes: cyber-thieves have forced it to reissue 5,000 debit cards.
Long-Time CEO Announces Retirement Date 06/18/2015 08:24 pm AUSTIN, Texas–After a more than 40-year career in credit unions, Greater TEXAS FCU President and CEO Tommy Seargeant has announced he will retire effective Dec. 31, 2015.
Study: Consumers Opening Mobile Banking Apps More Frequently 06/25/2015 10:13 pm NEW YORK—A new study shows consumers continue to open their mobile banking apps at a higher rate as they steer further away from branches.
At NAFCU Conference, Attendees Help Stuff Backpacks For Children 06/25/2015 10:13 pm MONTREAL, Quebec–During its annual meeting here, NAFCU partnered with Welcome Hall Mission in a project in which attendees assembled 200 backpacks that will be donated to disadvantaged children in Montreal who are in need of school supplies.
Reminder On Comment Deadlines On CFPB’s TRID Proposal; NCUA Review of Rules 06/25/2015 10:13 pm ALEXANDRIA, Va.–NCUA is reminding that credit unions have until July 7 to comment on the Consumer Financial Protection Bureau’s proposal to delay the effective date of a significant mortgage disclosure regulation.
MasterCard: Payments Disruption, Record Innovation, And Number Of Re-issued Cards Exceeds Number Of Americans 06/25/2015 10:17 pm MONTREAL, Quebec—Saying the payment space is undergoing a period of disruption and innovation not seen since plastic cards were introduced, one MasterCard executive encouraged CUs to stay abreast of all the change and get involved in digital wallets that are emerging.
It's Loan Volume Not Seen Since XBox Debuted And Katrina Struck 06/18/2015 08:25 pm MADISON, Wis.—CU auto loans are growing at a record pace, while CU lending overall is at its fastest in a decade, according to CUNA Mutual Group’s June Trends Report.
It's Loan Volume Not Seen Since XBox Debuted And Katrina Struck 06/18/2015 08:26 pm MADISON, Wis.—CU auto loans are growing at a record pace, while CU lending overall is at its fastest in a decade, according to CUNA Mutual Group’s June Trends Report.