Advanced search

WASHINGTON–The Consumer Financial Protection Bureau has taken action against mortgage servicer Fay Servicing for failing to provide mortgage borrowers with the protections against foreclosure that are required by law.

ATLANTA—Bitcoin payments processor BitPay has announced it is rolling out its prepaid Visa debit card with bitcoins to 132 countries across the world.

HERNDON, Va.– With fewer than 100 days remaining until the effective date for same-day debits, 92% of respondents will be ready to originate same-day debit transactions on the effective date, and 63% have reported that their clients have a high to medium interest in originating Same Day ACH debits, according to NACHA–The Electronic Payments Association.

COLUMBIA, S.C.–Interstate branching for South Carolina state credit unions has become more accessible with the signing by the state of a cooperative agreement with 10 other states, according to Robert L. Davis, Commissioner of Banking with the South Carolina State Board of Financial Institutions.

MADISON, Wis.– Forty-eight credit union professionals have become Credit Union Development Educators (CUDEs) after completing the Credit Union Development Education (DE) Training from the National Credit Union Foundation.

WASHINGTON—Sens. Mike Rounds (R-SD) and Heidi Heitkamp (D-ND), both members of the Senate Banking Committee, have introduced a bill that would increase the reporting threshold for open-end lines of credit and closed-end mortgages under the Home Mortgage Disclosure Act.

RAPID CITY, S.D.–Credit unions in this state are being cautioned over what is believed to be a marketing scam targeting CUs.

ST. PAUL, Minn.–Affinity Plus FCU has selected Fiserv as its new technology provider.

MANHATTAN, Kan.–K-State FCU has officially opened the doors to its new, rebranded main office, which was designed and built by La Macchia Group. La Macchia Group also oversaw a redesign of K-State’s logo.

WASHINGTON—Consumers suffer when credit unions are forced to curtail communications with member-owners, as they cannot receive the information they need, CUNA wrote to the leadership of a House Judiciary subcommittee.