WASHINGTON–Both credit union trade associations will be joining numerous other constituencies in watching the first appearance before Congress of the CFPB’s new director, Rohit Chopra.
Fresh Today
NORTH LIBERTY, Iowa—The $8-billion GreenState Credit Union here has agreed to purchase $411-million Midwest Community Bank, based in Freeport, Ill., and its subsidiary, Blueleaf Lending, LLC.
ALEXANDRIA, Va.–New disclosure forms filed with NCUA show three more credit union mergers have been proposed.
NAPERVILLE, Ill.—The tenth and final winner in Alloya Corporate FCU’s “10 for 10 for 10” initiative has been named: Hilltop Neighborhood House, Inc..
WASHINGTON–The Justice Department, the Office of the Comptroller of the Currency (OCC) and the CFPB have announced a significant effort to tackle redlining in financial services.
WASHINGTON—House Financial Services Committee Ranking Member Patrick McHenry (R-NC) and House Oversight and Government Reform Committee Ranking Member James Comer (R-KY) have sent a letter to U.S. Postmaster Louis Dejoy expressing their concerns regarding a USPS pilot program offering paycheck-cashing services, which launched Sept. 13.
ALBANY, N.Y.–New York Gov. Kathy Hochul today signed legislation into law that authorizes credit unions to participate in the Excelsior Linked Deposit.
WASHINGTON—NAFCU sent a letter to the Federal Housing Finance Agency (FHFA) in response to the proposed rule outlining the 2022-2024 housing goals for Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSEs).
ALBUQUERQUE, N.M.–CU SOL, a CUSO that says it specializes in helping credit unions to grow by bringing ideas to market, said it has launched Accelewage, an exclusive earned wage access (EWA) program that allows employees to get their wages early.
LEWISTON, Maine–Lewiston Municipal FCU has introduced a new name and brand.