Why The Trades Are Taking Opposing Views 08/31/2017 08:22 pm WASHINGTON—A question nearly a decade in the making has been met by the two credit union trade groups on opposite sides of the answer.
Ventura County CU Opens Branch in Oxnard 09/01/2017 03:00 pm OXNARD, Calif. —Ventura County Credit Union has opened its second Oxnard branch location.
Mastercard Adding Payment Capabilities to Garmin Smartwatch 08/31/2017 08:23 pm PURCHASE, N.Y. – Mastercard announced that it is adding payment capabilities to the newly launched Garmin vívoactive 3 to provide active customers a watch that frees them from having to carry their phone or wallet around.
‘No Political Influence’ Says CFPB’s Cordray in Response to Congressman 08/31/2017 08:23 pm WASHINGTON—CFPB Director Richard Cordray said that his work on the payday lending rule is not swayed by political considerations and that he has "no further insights to provide" regarding his resignation date from the Bureau.
DoL Publishes Rule to Delay Implementation of Fiduciary Exemptions 08/31/2017 08:24 pm WASHINGTON—The Department of Labor has published its proposed rule to delay implementation of three fiduciary rule exemption changes from Jan. 1, 2018, to July 1, 2019.
DOCFCU's Clark: Why Many CUs Need To Comment 09/04/2017 11:41 am WASHINGTON—Today is the deadline for filing comment on NCUA’s plan to close the Temporary Corporate Credit Union, and at least one CEO is concerned the slow pace of comments from CUs could result in a lot of credit union money being left on the table.
How 1 CU Economist Sees Robust Economic Numbers 08/31/2017 08:24 pm WASHINGTON—The Commerce Department estimates that the U.S. economy grew 3% in the second quarter — the fastest growth pace in more than two years — up from its initial estimate of 2.6%.
Another Class Action is Filed Against–Wait for It–Wells Fargo 08/31/2017 08:25 pm CHARLOTTE, N.C.–Wells Fargo is facing yet another consumer lawsuit, this time alleging that it bilked home loan borrowers by charging them extra fees when their applications were delayed — even when it was the bank’s fault.
That Wells Fargo Account-Opening Scandal Just Got Bigger 08/31/2017 08:25 pm CHARLOTTE, N.C.–Wells Fargo is reporting it has uncovered nearly twice as many potentially unauthorized consumer and small-business accounts than has been believed following an independent investigation into a scandal that to date has led to more than $185-million in fines.
Good Intentions, Bad Results: Consumers Cautioned Over Hurricane Harvey Scams 08/31/2017 08:25 pm MADISON, Wis.–People seeking to help victims of Hurricane/Tropical Storm Harvey are being cautioned to not let their good intentions be ruined by scammers.
