ALEXANDRIA, Va.–NCUA has issued a single prohibition notice in July.
Fresh Today
WASHINGTON–The National Consumer Law Center, Center for Responsible Lending, and the National Community Reinvestment Coalition have filed an amicus brief in Lacewell v. Office of the Comptroller of the Currency (OCC) stating the OCC’s proposed national bank charter would “eviscerate” interest rate caps on loans by non-bank lenders.
MANASSAS, Va.–CU Collections, LLC has now confirmed it suffered what it called a “data security incident” that was first reported by CUToday.info in February.
BRATTLEBORO, Vt.–Two Vermont credit unions say they are planning to merge, although the combination still requires a vote by members and regulatory approval.
WESTBROOK, Maine–CEOs in two states have been honored by their respective state associations.
MECHANICSBURG, Penn.–After 35 years with the credit union, Anna May Nauss has announced plans to retire as president/CEO of AmeriChoice Federal Credit Union here.
COLUMBUS, Ohio–Corporate One FCU has announced it will offer Access Softek’s EasyVest, a robo-advisor investment solution that it said seamlessly integrates with any credit union’s online and mobile banking platform.
WASHINGTON—CUNA has written to House leadership in support of a bill that contains funding for the Treasury’s Community Development Financial Institutions (CDFI) Fund and NCUA’s Community Development Revolving Loan Fund (CDRLF).
WASHINGTON—The U.S. District Court for the Central District of California has ruled in favor of the Federal Trade Commission in a case against the operators of a student loan debt relief scheme.
MCLEAN, Va.—In the midst of the coronavirus pandemic, Capital One is yet again adding additional limited-time features to a number of its credit cards.