WASHINGTON—NAFCU has joined with several other organizations to provide insights on Uniform Law Commission's Uniform Personal Data Protection Act (UPDPA).
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WASHINGTON–The Federal Reserve has released a new tool it said is aimed at helping smaller banks calculate their allowances under the new current expected credit loss (CECL) accounting standard.
DEPTFORD, N.J.–South Jersey Federal Credit Union has a new name. The $480-million credit union is now First Harvest FCU.
WASHINGTON – The Defense Credit Union Council has selected two people to join its Hall of Honor.
TALLAHASSEE, Fla.–The League of Southeastern Credit Unions said NAFCU’s interpretation of the risk to CUs from a new state law in Florida overlooks the fact credit unions are exempt.
ANAHEIM HILLS, Calif.–Two California credit unions have announced plans to merge.
WASHINGTON—The Consumer Financial Protection Bureau has released an enforcement compliance bulletin reminding landlords, consumer reporting agencies (CRAs), and others of their obligations to accurately report rental and eviction information.
BROOKLYN, N.Y.–Polish & Slavic FCU has awarded $500,000 in scholarships to 421 students in nine states and District of Columbia. The winners include 136 college students and 285 high school seniors.
ALEXANDRIA, Va.–The risk of improper payments related to NCUA’s various programs is low, according to the agency’s Inspector General.
WASHINGTON—The Consumer Financial Protection Bureau has filed a proposed order in federal district court against Burlington Financial Group and its owners and executive for allegedly deceiving consumers into hiring the company to lower or eliminate credit-card debts and improve consumers’ credit scores.