WASHINGTON—NAFCU has sent letter to the House calling for more federal support for community development financial institutions (CDFIs) and minority deposit institutions (MDI).
Fresh Today
ST. PETERSBURG, Fla.–A new analysis of member card activity released by PSCU reveals the latest in members’ spending, examines several macroeconomic indicators affecting consumer preferences and behaviors, and takes a “deep dive” into the food category.
ALEXANDRIA, Va.—NCUA’s four funds again earned unmodified, or “clean,” audit opinions for 2021, according to audited financial statements released by the agency’s Office of the Inspector General.
RANCHO CUCAMONGA, Calif.– Consumers have reset their spending behaviors for the new year ahead, according to a forecast from CO-OP Financial Services.
NEW YORK—Household credit card debt had its largest quarterly increase in at least 22 years in the closing period of 2021, according to Federal Reserve data.
TAMPA, Fla.–Trellance has introduced a new professional staffing service solution it said is designed to helpcredit unions across the country that are struggling to fill key technology and analytics positions.
GRAND BLANC, Mich.– The $1.4 billion Dort Financial Credit Union has named a new president and CEO.
APPLE VALLEY, Minn.–The National Youth Involvement Board has a new name. The organization is now the Credit Union Financial Education Network, or CUFEN.
ALEXANDRIA, Va.–A new regulatory alert from NCUA provides an update on the annual adjustments to asset-size exemption thresholds under the Truth in Lending Act (TILA) in effect for certain types of mortgage activity in 2022.
CHARLOTTE, N.C.–Bank of America is facing a potential class action lawsuit that alleges the bank refused to honor promises to refund overdraft fees to clients who faced financial hardship during the pandemic.