MCLEAN, Va.–At a total cost of more than $10 million, Pentagon Federal Credit Union has purchased a business jet, saying it will benefit “members and employees through increased safety and productivity.”
Fresh Today
WASHINGTON—Total retail sales slid 1.1% in July, following June’s upwardly revised rise. Of note, the May number was also upwardly revised to a drop of 1.4 percentage points.
WASHINGTON—In a letter to the U.S. House of Representatives, NAFCU urged House members to remove a provision from the Senate-passed Fiscal Year (FY) 2022 Budget Resolution proposing that credit unions report to the IRS on annual account inflow and outflow information of American taxpayers.
WASHINGTON—NAFCU has joined with a group of financial trade associations this week to request meetings with both the Treasury and the Federal Housing Finance Agency (FHFA) regarding the amendments to the Preferred Stock Purchase Agreements (PSPAs) for Fannie Mae and Freddie Mac (GSEs) and their affects on the housing market.
CHEYENNE, Wyo.–The Mountain West Credit Union Association hosted 30 people as part of its third LEAD Summit for Young Professionals here.
WASHINGTON, D.C. – AmeriCorps and the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) have announced three Community Development Financial Institutions (CDFIs) were awarded more than $2.5 million through the inaugural round of the AmeriCorps CDFI Economic Mobility Corps (EMC) program.
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has filed a proposed settlement to resolve a lawsuit against a debt collection enterprise and its owner.
NEW YORK–A new survey of consumers, along with its own internal data, reinforces just how greatly the coronavirus has accelerated the adoption of digital banking technology, according to JPMorgan Chase.
ARLINGTON, Va. — The National Association of State Credit Union Supervisors (NASCUS) has announced what it is calling the Dual Charter Resources Initiative, which it said is designed to help boost oversight balance, state-charter competitiveness, and resource distributions.
HOUSTON–The $2.6-billion JSC Federal Credit Union has announced a new name and brand.