ALBANY, N.Y.–Prior to his resignation from office, New York Gov. Andrew Cuomo signed a bill that New York’s state-chartered financial institutions to process checks in the order they are received, or from smallest to largest, to prevent consumers from racking up fees for overdrawing their accounts.
ARLINGTON, Va.—The marked rise in COVID-19 cases due to the Delta variant has led NAFCU to announce some changes to its in-person meetings.
HAMPTON ROADS, Va.–A long-time leader in credit unions who was known during her career for holding a number of national positions, has died.
WYANDOTTE, Mich.–Some of Michigan’s credit unions have hosted the first state-level Underground Collision, where a number of provocative points were discussed.
WASHINGTON–The CFPB and the Department of Housing and Urban Development (HUD) have announced a new tech sprint they said is designed to “tackle housing insecurity as state and federal COVID-19 eviction and foreclosure protections.”
SAN MATEO, Calif.–Web application attacks on the financial services sector increased 38% between January and May 2021, according to a new research that from Imperva Research Labs that also identifies the top five threats against the industry.
OMAHA, Neb.–The coronavirus of the past 18 months has exposed a broad swath of financial weaknesses among many consumers, and that includes the kinds of insurance they carry—or have allowed to lapse.
WASHINGTON–Credit unions in the United States have surpassed the $2 trillion in assets threshold for the first time.
WASHINGTON–The U.S. Department of Education said it is discharging $5.8 billion in student debt held by more than 323,000 federal student loan borrowers who are totally and permanently disabled.
WASHINGTON–A new Home Mortgage Disclosure Act (HMDA) data report on residential mortgage lending trends released by the Consumer Financial Protection Bureau has found the total number of closed-end originations as well as applications increased substantially between 2019 and 2020.
