CHICAGO – A new TransUnion report has found the total percentage of accounts in “financial hardship” status dropped during July for auto loans, credit cards, mortgages and personal loans, marking the first such decrease since the start of the COVID-19 pandemic.
WASHINGTON—The Department of Housing and Urban Development (HUD) announced it plans to extend its foreclosure and eviction moratorium through the end of the year, as homeowners continue to deal with the impact of the coronavirus pandemic.
SPOKANE, Wash.–At least two credit unions here have either ended or suspended their participation in shared branches.
CEDAR RAPIDS, Iowa—After winds of more than 140 miles per hour ripped three HVAC units from the roof of its main office here, and delivered minor damage its four other locations, Linn Area CU was up and running at virtually all of its locations in days, reports CEO Jenny Lorenz.
BROOKFIELD, Wis.—The long-time love affair between U.S. consumers and paper checks continues to cool, with roughly 38% of Americans reporting they’ve stopped using them entirely, a figure that rises to 50% among Millennials, Pymnts.com reported.
WASHINGTON – The Consumer Financial Protection Bureau announced it will provide an additional 60 days for public comment on its Request for Information (RFI) on “how best to create a regulatory environment that expands access to credit and ensures that all consumers and communities are protected from discrimination in all aspects of a credit transaction.”
BARTLESVILLE, Okla.—Truity CU here has joined CURevl as a referral affiliate.
RANCHO CUCAMONGA, Calif.– It isn’t just the fintechs credit unions should be focused on, but the “big techs,” according to one expert—who says the reason is clear.
PITTSBURGH–Clearview FCU and the University of Pittsburgh’s athletic program have entered into a four-year partnership that makes Clearview the “Official Credit Union of the Pitt Panthers" and the presenting sponsor of the Jr. Panthers Kids Club.
MILWAUKEE, Wis. – I-Care, the collaborative employee benefits program for credit unions offered through InterLutions, a CUSO of Corporate Central, said there will be no price increase in 2021 for its Association Health Plan members.
