Reg Relief Bill Remains Stalled In House, Senate Negotiations 03/27/2018 07:17 am WASHINGTON–The regulatory relief bill that rolls back much of Dodd-Frank remains stalled as negotiations continue over how to reconcile the version of the bill passed by the Senate with that passed earlier by the House.
Record Vintage: Wine Auction Raises $1.3 Million For CMN Hospitals 03/19/2018 07:54 pm SALT LAKE CITY–The 13th annual California and Nevada Credit Unions for Kids Wine Auction raised $1.3 million for the 11 Children’s Miracle Network Hospitals in California and Nevada.
What's Driving The Growth? 03/26/2018 07:55 pm LAKE FOREST, Ill.—Overdraft revenue at financial institutions at the close of 2017 reached its highest level since 2009, according to a new report.
Judge OK’s Class Action Lawsuit Against CU Over Overdraft Practices 03/19/2018 07:55 pm PORTSMOUTH, N.H.–A federal judge has given the OK for a class action lawsuit to move forward against Northeast Credit Union that alleges it imposes overdraft fees using members’ “available balance” as opposed to “actual” or “ledger balance.”
Analyst Would Be ‘Shocked’ If FOMC Doesn’t Raise Rates At Meeting Beginning Today 03/19/2018 07:55 pm WASHINGTON—The Federal Open Market Committee (FOMC) begins its two-day meeting today, with one CU economist is saying he would be “shocked” if the Fed didn’t move to boost rates. The Fed is widely expected to approve of another quarter-point interest rate hike.
New England Teamsters FCU Opens New Branch 03/27/2018 09:51 am BOSTON–New England Teamsters Federal Credit Union (NETFCU) celebrated the opening of a new full-service branch in Boston.
PSCU Partners with Jacada For Contact Center Solutions 03/26/2018 08:00 pm ST. PETERSBURG, Fla.–PSCU said it has partnered with Jacada, Ltd. to provide comprehensive unified agent desktop, desktop automation and agent guidance solution in support of PSCU’s nearly 900 owner credit unions.
In DC, CUs Watching 1 Issue, Everyone Else Watching Another 03/19/2018 07:55 pm WASHINGTON–The attention of credit unions in Washington will be on one issue that’s of interest to CUs–regulatory relief legislation–and another that is of interest to just about everyone–the funding of the federal government.
Court Sets Aside Some FCC Rules On How Businesses Can Contact Consumers By Phone 03/19/2018 08:02 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.
PenFed Donates $25K to U.S. Army Women's Foundation 03/19/2018 09:00 pm TYSONS Va.– PenFed Credit Union has made a $25,000 donation to the U.S. Army Women’s Foundation.