MADISON, Wis.–Credit union membership growth has slowed dramatically recently when compared to the last six years, according to new analysis by CUNA Mutual’s Trends Report, which suggests what membership growth is taking place is unintended consequence of the Durbin Amendment of the Dodd-Frank Act.
Fresh Today
WASHINGTON—Analysts continue to parse through what to make of last week’s Q3 Commerce Department data showing a 33.1% rebound in performance.
ANN ARBOR–The 9th annual CU Lunch Local is now complete, and for the first time ever was held with coronavirus-related restrictions in place.
BANNOCKBURN, Ill.– A new report has found 43% of C-suite executives (up from 21% in 2017) and 12% of small business owners (up from 7%) have experienced a data breach.
ARLINGTON—Credit union members should brace for higher fees as their credit unions respond to growing compliance costs.
LONDON—Consumers and companies are being warned to be on guard for an explosion in “vishing” attempts by cybercriminals.
PHILADELPHIA–Reforms enacted by the state of Virginia have led to significantly more affordable small-dollar loans for borrowers in the state, according to a new analysis released by Pew Research Trusts.
WASHINGTON—The Federal Trade Commission has issued the National Do Not Call Registry Data Book for Fiscal Year 2020—with the number of active registrations on the DNC Registry increasing by two-million over the past year, the agency said.
ALEXANDRIA, Va.– NCUA has issued a prohibition order against one person.
ALEXANDRIA, Va. – NCUA said it will host a webinar for credit unions interested in offering payday alternative loans (PALs) or other forms of short-term lending.
