WASHINGTON–A new candidate for the top job at the Office of the Comptroller of the Currency would likely be a tough critic of the biggest banks, according to one new analysis.
Fresh Today
WASHINGTON–Credit unions should consider highlighting again for members the risk of using public Wi-Fi networks, as should other organizations, according to the National Security Network (NSA).
WASHINGTON–Many of the nation’s largest lenders in the Paycheck Protection Program (PPP) are holding out on participating in a new online portal through which small businesses that borrowed up to $150,000 can apply to have their loans eliminated.
ARLINGTON, Va.–The annualized pace of new vehicle sales during July fell to 14.8 million after averaging just over 17 million a month in the first half, slowing the industry's post-COVID recovery.
WASHINGTON—The CDC has issued a new moratorium on evictions in counties experiencing substantial and high coronavirus transmission. The moratorium is now scheduled to expire on Oct. 3. It had been set to expire July 31.
SUMTER, S.C.–Two credit unions in the Palmetto State have announced plans to merge provided members vote in favor.
GREENSBORO, N.C.–VizoFinancialCorporate Credit Union has introduced CUaxis, which it is describing as a community for credit unions that focuses on core processing, collaboration and the cooperative spirit.
LONDON–The growing popularity of and investment in “Buy Now Pay Later” (BNPL) solutions is drawing increasing attention, with one estimate claiming it has already diverted as much as $10 billion annually away from traditional financial institutions.
DALLAS–While the Federal Reserve and other analysts have downplayed concerns over inflation, some members of the Fed admit they are wary of the potential for a new housing bubble.
TYSONS, Va.–PenFed Credit Union said it is partnering with Fayetteville, N.C.-based Triple Impact Connections,a veteran-owned communications solutions firm, to bring jobs to military spouses across the United States.