WASHINGTON—The Consumer Financial Protection Bureau has issued a consent order against Nissan Motor Acceptance Corp., an auto financing subsidiary of Nissan North America, Inc., which services auto loans and leases originated by Nissan and Infiniti dealerships nationwide.
ALEXANDRIA, Va.—The NCUA board Thursday voted 3-0 to issue a proposed rule to “streamline and modernize” derivative investment authority for credit unions.
WASHINGTON—The Bureau of Labor Statistics is reporting that overall consumer prices rose 0.2% on a seasonally adjusted basis in September and that the overall consumer price index (CPI) grew 1.4% over the 12-month period.
NAPERVILLE, Ill.–Credit unions across Illinois participated in the second annual “CU Kind Day” on Monday.
WASHINGTON–The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to alert financial institutions to the types of unemployment insurance (UI) fraud that have emerged during the COVID-19 pandemic.
ALEXANDRIA, Va.—The NCUA board today is scheduled to meet with plans to issue a final rule on corporate credit unions, as well as a proposed rule related to derivatives.
WASHINGTON—The Small Business Administration (SBA) has a new FAQ for its Paycheck Protection Program (PPP) addressing the date by which borrowers need to apply for forgiveness.
WASHINGTON—In a letter to Congress, NAFCU has joined with several other financial services industry organizations to outline concerns with the Office of the Comptroller of the Currency's (OCC) newly proposed special purpose payments charter for non-bank and to oppose the OCC’s “effort to grant commercial companies like Amazon and Facebook a national payments charter to access the Federal Reserve payments system and safety net.”
WASHINGTON—In a letter, CUNA said it remains strongly supportive of the Federal Housing Finance Agency’s efforts to ensure the government-sponsored enterprises (GSEs) meet their public mission.
BEAVERTON, Ore.–First Tech FCU has provided more than $30,000 in wildfire relief grants across Oregon, California and Washington, where many of its members and employees reside.
