ARLINGTON, Va.—It has been a “fairly uneventful year” for the NCUA Operating Fund and Share Insurance Fund (SIF), according to NAFCU, which is advocating for the agency to take steps to drive improved investment performance.
WASHINGTON–As Congress mulls an overhaul of U.S. bankruptcy laws, Sen. Elizabeth Warren (D-MA) reportedly plans to reintroduce a bill that would create a potential path for Americans to erase their student loan debt.
AUSTIN, Texas–Credit unions have named new presidents and CEOs in Texas, Pennsylvania and Alabama.
AVON, Colo.—ALM First’s Financial Forum kicked off here this week with keynote speaker Antonia Hock, a recognized global expert on business innovation and leadership, sharing the market forces defining today’s business landscape along with the strategies and tactics leaders need to thrive in 2023 and beyond.
WASHINGTON—Citing “illegal surprise overdraft fees” charged to its customers, the CFPB has ordered Regions Bank to pay $50 million into the CFPB’s victims relief fund and to refund at least $141 million to the customers harmed.
WASHINGTON—Numerous student loan servicers and university-owned lenders are violating federal law with some of their policies, according to a new report from the CFPB.
MADISON, Wis.–The World Council of Credit Unions (WOCCU) said it will host a webinar on International Credit Union Day, Oct. 20, during which panelists from credit unions around the world will discuss different ways they have empowered the financial futures of their members and employees.
PLANO, Texas/OVERLAND PARK, Kan. – The Cornerstone League and the Heartland Credit Union Association said their respective boards have approved a plan to merge and the proposal will now go before their respective memberships.
WASHINGTON–Fannie Mae has introduced a “Multifamily Positive Rent Payment Reporting Program” it said is aimed at helping renters build credit history and improve their scores.
GERMANTOWN, Md.–SkyPoint FCU has introduced “SkyPoint Pay,” which it said will provide their members with “unprecedented security when transferring funds between banks or to individual payees.”
