WASHINGTON— Credit Union Student Choice is reporting that two credit unions have selected it to provide higher education financing solutions.
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MINNEAPOLIS, Minn.– Four Minnesota-based credit unions announced said they have launched a new CUSO that seeks to allow credit unions to “collaborate” on lending opportunities for public and private commercial and infrastructure projects throughout Minnesota and the Upper Midwest.
WASHINGTON –A half-dozen-plus consumer groups are praising an announcement by the Federal Housing Finance Agency’s (FHFA) that Fannie Mae and Freddie Mac will make it mandatory for lenders provide borrowers information in their preferred language.
HOUSTON– Dolphin Debit, a full-service ATM management company, said it has entered into a strategic partnership with Credit Union Services, Inc. (CUSI), the Service Corporation of the MD|DC Credit Union Association.
WASHINGTON—As expected, the Federal Reserve Wednesday increased its benchmark interest rate by 50 basis points.
ARLINGTON, Va.–Credit unions, the financial services industry in general, merchants, consumer groups and more will be paying attention to two separate congressional hearings focused on card swipe fees and overdraft fees, respectively
WASHINGTON—Credit unions strongly oppose any expansion of the Durbin Amendment through antirust or any body of law, CUNA, NAFCU, the American Bankers Association and other organizations have stated in a letter to Senate Judiciary Committee.
WASHINGTON–Responding to a Consumer Financial Protection Bureau’s (CFPB) call for public input on “how to save Americans billions in junk fees charged by financial companies,” a half-dozen leading consumer advocacy organizations submitted an extensive comment letter detailing junk fees across a wide range of consumer financial products and services.
SAN JUAN, P.R.–The CUNA Mutual Group Foundation said it has committed to invest $1 million to build equity in credit unions led by and/or serving people of color through Inclusiv’s Racial Equity and Resilience Investment Fund.
CHICAGO–With overall fintech growth rates exceeding 500%, credit unions could easily conclude there is little chance to defend much less recapture market share from the startups.