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WASHINGTON—While some analysts see warning signs in the amount of debt consumers have taken on, one economist believes that overall, American households have their borrowing and spending under control.

ALEXANDRIA, Va.–Federally insured, low-income credit unions have until March 17 to apply for the first round of certification as community development financial institutions through the streamlined application process developed by NCUA and the Community Development Financial Institutions Fund.

WASHINGTON—A debt relief company and its principals who allegedly misled consumers and charged illegal advance fees will be banned from those practices under a settlement with the Federal Trade Commission.

RIVERSIDE, Calif.– The board at Altura Credit Union has honored retiring CEO Mark Hawkins by renaming the CU’s headquarters the “Mark W. Hawkins Operations Center.”