Wait a Minute, Mr. Postman: CUNA Sends Number of Letters 09/27/2017 08:26 pm WASHINGTON–Among several letters CUNA sent to Congress and regulators Wednesday, the trade association is asking the CFPB to re-issue for public comment changes to Regulation CC (Expedited Funds Availability Act) issued by the Federal Reserve in 2011.
Anti-CU Tax Exemption Arguments Are ‘Seriously Flawed,’ Says NAFCU Economist in Response 09/27/2017 07:56 pm ARLINGTON, Va.–NAFCU’s chief economist has authored a response to an opinion piece that appeared in U.S. News & World Report that called for doing away with the credit union tax exemption.
Charter Oak Donates $32,800 to Community Organizations 10/05/2017 08:01 pm WATERFORD, Conn. –Charter Oak Federal Credit Union donated $23,800 to community organizations throughout New London and Windham counties as part of its third quarter Community Giving Grants disbursement.
Corporate Central Set To Host 2017 Economic Conference 09/27/2017 08:06 pm MUSKEGO, Wis.–Corporate Central Credit Union said it’s inviting all credit union executives to learn, share information, and network at its upcoming 2017 Economic Outlook Conference.
Harland Clark Has Become Exclusive Sponsor of International Credit Union Day; Resources offered 10/05/2017 08:01 pm SAN ANTONIO — Harland Clarke announced it has become the exclusive sponsor of International Credit Union Day in collaboration with CUNA. International Credit Union Day is Oct. 19.
Why Are Americans Still Being Targeted By Robocalls? Senate Hearing Seeks Answers 10/05/2017 08:01 pm WASHINGTON—The Senate Special Committee on Aging hosted a hearing as it seeks answers on how various entities are combatting robocalls and why so many Americans are still targeted by scams.
The Silver Lining In Hurricane Cloud: Vehicle Sales Surge 10/05/2017 08:01 pm ARLINGTON, Va.—Vehicle sales increased dramatically in September, rising to 18.57 million seasonally adjusted, annualized units, up from August's 16.14 million.
CFPB Issues Interim Final Rule To Give Mortgage Servicers More Flexibility 10/05/2017 08:06 pm WASHINGTON—The CFPB has issued an interim final rule intended to give mortgage servicers more flexibility when communicating about foreclosure prevention options with borrowers who have requested a cease in communication.
Restaurant Chain Reports It Has Been Breached 09/27/2017 07:57 pm OKLAHOMA CITY, Okla.—Fast-food chain Sonic Drive-In, with nearly 3,600 locations across the U.S., has acknowledged a breach affecting an unknown number of store payment systems, KrebsOnSecurity reported.
NCUA Changes Opinion On ‘Individual Policy’ Requirement On Fidelity Bonds 10/05/2017 08:02 pm ALEXANDRIA, Va.–In a change of opinion, NCUA’s general counsel has decided the “individual policy” requirement of credit union fidelity bonds does not prohibit a credit union from having a bond also covering its CUSO, provided the credit union owns at least 50% of the CUSO or the service organization otherwise meets the definition of a “nominee,” according to an opinion letter made public by the agency.
