WASHINGTON —The Consumer Financial Protection Bureau (CFPB) has released a bulletin reminding debt collectors and credit bureaus of their legal obligations in light of the No Surprises Act, which protects consumers from certain unexpected medical bills.
NEW YORK–To settle charges brought by the Federal Trade Commission that it engaged in deceptive and unfair practices, Dun & Bradstreet (D&B) has agreed to an order requiring substantial changes in the firm’s operations that the FTC said will benefit small- and mid-sized businesses.
SUMTER, S.C.– SAFE Federal Credit Union said it has paid out annual bonus dividends and interest rebates to members totaling nearly $1.5 million.
WASHINGTON–New legislation in Congress seeks to block the Federal Reserve from issuing a central bank digital currency directly to consumers.
WASHINGTON—Continuing to press for answers around what is being done about the backlog of applications for CDFI funds at the Treasury Department, NAFCU has sent a letter requesting enhanced transparency and communication on pending applications for credit unions seeking CDFI certification.
WASHINGTON—During a House Small Business Committee hearing members of Congress pressed representatives of the Small Business Administration over what is being done to combat loan fraud and also briefly discussed the issue of the SBA getting into the direct lending business, an expansion credit unions oppose.
MADISON, Wis.–The World Council of Credit Unions (WOCCU) will host a webinar on organizational leadership on Jan. 25 as part of its Resilient Leader Series.
WASHINGTON– The Consumer Price Index, which despite its name excludes the sometimes-volatile categories of food and energy, climbed 5.5% in December compared with one a year earlier, the highest rate since 1991.
UPPER DARBY, Penn.–A half-dozen more credit union mergers have been proposed, with nearly all involving smaller CUs and several citing a lack of succession planning as one big problem, according to forms filed with NCUA.
SUMTER, S.C.– Members of Sumter City Credit Union have voted in favor of merging into SAFE Federal Credit Union.
