NCUA Approves Budget, Succession Planning Rule 12/17/2024 05:14 pm ALEXANDRIA, Va.—As expected, the NCUA board Tuesday announced its final budget for 2025 has been reduced, cutting expenses from $433 million in the proposed budget to $395.4 million.
NCUA Board Approves Final Budget, Succession Planning Rule 12/17/2024 11:40 am ALEXANDRIA, Va.—As expected, the NCUA board Tuesday announced its final budget for 2025 has been reduced, cutting expenses from $433 million in the proposed budget to $395.4 million.
CFPB Zeroing In On ‘Bait-and-Switch’ Credit Card Rewards Tactics 12/18/2024 07:29 am WASHINGTON — The Consumer Financial Protection Bureau has issued a circular that states some credit card companies operating rewards programs may be breaking the law, including by illegally devaluing rewards points and airline miles.
CFPB Report Finds Significant Drop In Annual Mortgage Applications And Originations In 2023 12/17/2024 09:32 pm WASHINGTON—2023 showed a significant decline in mortgage lending activities, with loan applications and originations dropping by about a third from 2022, according to CFPB’s annual report on trends in the residential mortgage lending market.
Goldenwest CU Delivers $3.5-Million Year-End Bonus To Members 12/17/2024 09:32 pm OGDEN, Utah—Goldenwest Credit Union has handed out its largest-ever year-end bonus to members, totaling $3.5 million, the CU said.
Labbe Named CEO At PeoplesChoice Credit Union 12/17/2024 04:30 pm SACO, Maine--Luke Labbe has been named CEO at the $330-million PeoplesChoice Credit Union.
N.Y. Gov. Hochul Vetoes Bill That Would Have Created Issues For CUs And Members 12/17/2024 09:35 pm NEW YORK—New York credit unions recently achieved a victory with Gov. Kathy Hochul’s veto of a bill that would have posed significant challenges to credit unions and their members, America’s Credit Unions reported.
