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MADISON, Wis.– Credit union professionals are being urged to nominate colleagues for the 2019 CUNA Marketing & Business Development Council Recognition Awards. 

WASHINGTON—The Federal Trade Commission has alleged that a California-based student debt relief scheme bilked consumers out of millions of dollars using false promises that they could reduce their monthly payments, or eliminate or reduce their student loan debt.

COLORADO SPRINGS, Colo. – Ent Credit Union said it is paying out more than $11 million from its 2018 Ent Extras rewards program.

BEAVERCREEK, Ohio–Wright Patt Credit Union said it plans to offer “limited banking services” to legally licensed medical marijuana businesses in its markets.

CHICAGO—Auto loans, credit cards and personal loans all saw year-over-year growth in subprime originations this past quarter, according to a new report.

WASHINGTON—The Federal Financial Institutions Examination Council (FFIEC) Tuesday provided a second update on its Examination Modernization Project.      

WASHINGTON—Bipartisan members of the California congressional delegation have written to Bureau of Consumer Financial Protection Acting Director Mick Mulvaney to urge the agency to implement consumer protections regarding Property Assessed Clean Energy (PACE) financing.

BASEL, Switzerland—The number of worldwide correspondent banking relationships continues to decline, according to new figures released by the Financial Stability Board (FSB).

WASHINGTON—NAFCU Senior Counsel for Policy and Research Andrew Morris this week offered the association's general support for NCUA's proposed rule regarding real estate appraisal requirements, which seek to make the commercial real estate appraisal standards for credit unions more consistent with the changes other regulators have made for banks.

WASHINGTON—NAFCU, CUNA and CU representatives joined a roundtable this week at the Small Business Administration with the Justice Department (DOJ) at which the associations again called for the department to offer guidance and standards for website accessibility under the Americans with Disabilities Act (ADA).