Delay In CFPB’s Payday Rule Is Called For By CUNA 03/19/2019 07:54 pm WASHINGTON–CUNA said it supports a delay in the compliance deadline for the CFPB’s 2017 rule governing Payday, Vehicle Title, and Certain High-Cost Installment Loans, better known as the Payday Rule.
PSECU Strikes 10-Year Deal With Penn State Alumni Association 03/26/2019 07:48 pm HARRISBURG, Penn.—Pennsylvania State Employees CU and the Penn State Alumni Association and have agreed to a 10-year relationship recognizing PSECU as the official credit card and the official financial services provider of the Penn State Alumni Association, the CU reported.
Two Ohio CUs Announce Merger Plans (One Will Become ‘Division’) 03/26/2019 07:48 pm COLUMBUS, Ohio–Two Ohio credit unions have announced plans to merge, with one continuing to operate as a division of the other. The $290-million Pathways FCU said it will merge in the $89-million Incenta FCU in Englewood, Ohio.
New Horizons CU Supports Penelope House 03/21/2019 09:04 pm MOBILE, Ala.— New Horizons Credit Union’s employees presented a check for $250 along with boxes of needed supplies to the Penelope House.
Former CU Employee Charged With Stealing Nearly $37,000 03/31/2019 04:10 pm TALLAHASSEE, Fla.— A former credit union employee here has been charged with stealing nearly $37,000 over a two-year period.
Local Discounts Key To Restructuring 11/06/2018 08:01 pm TUCSON, Ariz.—Consumers are willing to pay for a checking account that offers a number of bundled services, but they are more willing to sign up if local merchant discounts are part of the package, according to one CU.
The Derisking Dilemma: How BSA/AML is Hurting Border Communities 11/14/2018 10:34 pm Earlier this year, the U.S. Government Accountability Office (GAO) published a report to Congress based on reports of businesses and residents of Southwest border communities whose financial services were terminated—and in some cases whole branches closed—due to the perceived Bank Secrecy Act risk.
Credit Union West Introduces Home Shopping Resource, Including Cash-Back Rewards 11/06/2018 08:03 pm GLENDALE, Ariz.–Credit Union West said it has introduced a new real estate resource that gives members access to a free online service providing them a “significant competitive edge” when home shopping in one of the most competitive real estate markets in the country.
PenFed Launches New Financial Education Resource Center 11/06/2018 08:03 pm TYSONS Va.–Pentagon Federal Credit Union has launched a Financial Education Resource Center it says provides consumers a robust, online learning experience with the latest in financial literacy tools and resources.
FTC, NY Attorney General Sue Debt Collection Outfit 11/06/2018 08:04 pm WASHINGTON—The Federal Trade Commission and the New York Attorney General’s Office have sued a New York-based debt collection operation for tricking people into agreeing to pay more money than what they allegedly owed, according to defendants’ own business records.