Reg Relief Bill Hits Bumps As It Returns To House 03/18/2018 04:30 pm WASHINGTON—While credit unions are still celebrating passage in the Senate of S 2155, the reg relief bill that rolls back portions of Dodd Frank, Republicans in the House say they have no plans to “rubber stamp” the Senate bill.
Court Sets Aside Some FCC Rules On How Businesses Can Contact Consumers By Phone 03/18/2018 04:31 pm WASHINGTON–A federal appellate court has set aside some of the Federal Communications Commission’s rules on when and how businesses can contact consumers by phone, in a ruling that has been welcomed by credit unions.
MAX Credit Union’s Partners? Biscuits And Hornets 03/18/2018 04:37 pm MONTGOMERY, Ala.–MAX Credit Union here has joined with the Montgomery Biscuits and the Alabama State University Hornets to host a home baseball game against Mississippi State University at Montgomery's Riverwalk Stadium.
Maine CUs' Campaign for Ending Hunger Donates $100K to Renovation 03/19/2018 12:00 pm HAMPDEN, Maine–The Maine Credit Unions’ Campaign for Ending Hunger has announced a new, $100,000 commitment to Good Shepherd Food Bank’s renovation project to expand capacity and distribution at its new Greater Bangor Region Distribution Center in Hampden.
Mortgage Partnership Finance Program Implements LoanScorecard Solution 03/19/2018 01:00 pm IRVINE, Calif.–The Mortgage Partnership Finance (MPF) Program of the Federal Home Loan Bank System has implemented LoanScorecard’s Portfolio Produce product and pricing engine (PPE) and distribution solution.
CU Driving Borrowers To ‘Brink Of Suicide,’ Claims Group 03/26/2018 07:52 pm NEW YORK–A group of “taxi advocates” here is claiming one credit union taxi medallion lender is driving cab drivers to the “brink of suicide” by not being more amenable to reworking loans.
Alta Vista CU Celebrating 75th Anniversary With Incentives, Donations 03/19/2018 03:00 pm REDLANDS, Calif.–Alta Vista Credit Union announced it will be offering special member cash incentives and local charitable donations throughout 2018 in honor of its 75th anniversary.
This Tech Could Get Consumers Over The Hump 03/19/2018 07:45 pm PRINCETON JUNCTION, N.J.—Contactless chip cards, dual interface EMV plastic that can either be dipped or tapped, are becoming more common—and that’s good news for mobile wallets, according to one analyst.
Phase 3 of NACHA’s Same Day ACH Implementation Now in Effect 03/19/2018 07:47 pm WASHINGTON—Phase 3 of NACHA's same-day Automated Clearing House (ACH) implementation is now in effect.
WOCCU Expresses Concerns Over ‘Gold Plating’ And Stress Tests 03/26/2018 07:52 pm MADISON, Wis.–The World Council of Credit Unions has sent a comment letter to the Basel Committee on Banking Supervision’s Consultative Document: Stress Testing Principles in which it said it concurs that the stress testing frameworks that have been developed since the global financial crisis have evolved well beyond those that were envisaged since the publication of the current stress testing principles.
