NEW YORK—Citigroup and American Express have released statistics on their August delinquencies in credit card payments.
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NEW YORK–The former president of a now defunct credit union that specialized in taxi medallion loans who was found guilty of committing one of the largest and long-lasting frauds in credit union history, with allegations including the personal approval of more than $185 million in questionable loans, has been sentenced to 46 months in prison.
WASHINGTON–The American Bankers Association has launched a digital broadside against credit unions called “Reform Credit Unions.”
GRAND RAPIDS, Mich.–How many more employees is NCUA going to have to hire?, one trade group is asking Congress.
ARLINGTON, Va.—NCUA is being asked by NAFCU to remove a requirement that credit unions seek guidance from the agency prior to holding virtual meetings during disasters and states of emergency.
DUBUQUE, Iowa—Dupaco Community Credit Union is reaching across state lines to acquire Home Savings Bank, a wholly-owned subsidiary of Home Bancorp Wisconsin, Inc.. in Madison, Wis.
ARLINGTON, Texas – Two Texas credit unions have announced plans to merge.
DANVILLE, Penn.–Service 1st FCU here has signed a multi-year agreement with Lumin Digital for its cloud-native platform for online and mobile digital banking solutions.
WASHINGTON–During his confirmation before the Senate Banking Committee, NCUA Chairman Todd Harper was asked what he thinks about expanding the NCUA board, while also saying NCUA's lack of third party oversight authority creates a "blind spot."
ALEXANDRIA, Va.–NCUA said credit unions may begin submitting data on credit card agreements with members, and applying data submission requirements, to the CFPB’s website for collecting credit card information.