WASHINGTON–The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has released the application data for the fiscal year (FY) 2022 round of its CDFI Equitable Recovery Program (CDFI ERP).
Fresh Today
MEMPHIS, Tenn.– What credit unions and banks can expect from the Consumer Financial Protection Bureau (CFPB) is the subject of a new report.
SAN JOSE, Calif.— PayPal’s international money transfer service, Xoom, has a new product that lets users in the United States send money directly to Visa debit card users.
NEW YORK—A new survey shows that 31.9% of consumers polled have experienced “financial infidelity.”
WASHINGTON—The Consumer Financial Protection Bureau (CFPB) has proposed a rule to curb excessive credit card late fees that it says cost American families about $12 billion each year.
CHICAGO–As loan rates and prices rapidly rose during 2022, the year’s final quarter saw consumers continuing to look to credit as a means to help stave off financial pressures, according to TransUnion’s newly released Q4 2022 Quarterly Credit Industry Insights Report (CIIR).
ROCHESTER, N.Y.—Four more credit unions have announced bonus dividends, loan interest rebates and more, representing more than $34.8 million in total returned to members.
WASHINGTON—Cybersecurity will be the top risk priority for most community banks over the next 18 months, with operational risk and compliance risk also high priorities, according to the ABA Banking Risk and Compliance Management 2023 Outlook survey.
MADISON, Wis.—Registration has opened for CUES School of Business Lending, which will be held virtually April 1-Oct. 30.
LOVELAND, Colo.–Blue Federal Credit Union has bought the naming rights to the Budweiser Event Center effective in October of this year, following the expiration of the current contract with Larimer County, Colo.