Following $1.5-Million VyStar Fine, ICBA Supports NCUA Obtaining Third-Party Vendor Oversight Authority 11/03/2024 09:18 am WASHINGTON—The Independent Community Bankers of America supports NCUA obtaining third-party vendor oversight authority, noting that VyStar Credit Union’s problems with the rollout of its online and mobile banking platforms exemplify the risks posed by the agency lacking this power.
CFPB Takes Action Against Townstone Financial For Redlining 11/03/2024 09:15 am WASHINGTON, D.C. — The Consumer Financial Protection Bureau has filed a proposed order to resolve its case against Townstone Financial for discriminatory lending practices and redlining African American neighborhoods in Chicago, the CFPB said.
Consumers’ Credit Limits Declining, Inflation May Be The Reason 11/03/2024 09:17 am MIAMI—Consumers’ credit limits decreased in 42 of the 50 states year-over-year as of Q2 2024, with the decrease ranging anywhere from around 0.3% to over 15%, a new study shows.
Liberty FCU Gives $10 Million To University of Southern Indiana Athletic Program 11/03/2024 09:19 am EVANSVILLE, Ind.—The $4.1-billion Liberty Federal Credit Union here has made a $10-million gift to the University of Southern Indiana (USI), the college announced.
Liberty FCU Gives $10 Million To University of Southern Indiana Athletic Program 11/03/2024 09:42 am EVANSVILLE, Ind.—The $4.1-billion Liberty Federal Credit Union here has made a $10-million gift to the University of Southern Indiana.
Multiple Robberies Have CUs and Banks In Chittenden County Taking Precautions 11/03/2024 09:26 am SOUTH BURLINGTON, Vt. —Police are currently investigating a series of bank and credit union robberies that have transpired since Saturday, Oct. 26.
CU Strategic Planning Wins Technical Assistance Awards for 100% Of Its CU Applicants 11/21/2024 06:39 pm TACOMA, Wash.—All 15 credit unions that CU Strategic Planning helped apply for Technical Assistance (TA) Awards from the Community Development Financial Institutions (CDFI) Fund received the $300,000 maximum for the Technical Assistance Awards this year, the company reported.
Jetstream Federal Credit Union Serves As a Silver Sponsor 11/21/2024 05:34 pm MIAMI LAKES, Fla.– Jetstream Federal Credit Union recently served as a Silver Sponsor for the Family Christian Association of America (FCAA) 40th Anniversary Gala, celebrating "40 Years of Changing Lives."