WASHINGTON— The AARP has released a new online training module it said helps financial institution employees identify and stop suspected financial exploitation during the pandemic.
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WASHINGTON–The American Bankers Association said it vigorously opposes a proposal by NCUA that would formalize the process for credit unions purchasing the assets of banks, saying the practice is “growing at an alarming rate.”
WASHINGTON–There is a growing divide in Congress and with the Trump Administration related to oversight of the trillions of dollars in coronavirus pandemic-related aid and loans that have been made to date.
ST. PETERSBURG, Fla.—The payments landscape may never be the same due to the coronavirus pandemic, according to Chuck Fagan.
ST. PETERSBURG, Fla.—Credit unions are facing two major payments issues: Interchange revenue is taking a big hit during the pandemic, and consumers are not likely to change their new spending behaviors for well over a year.
WASHINGTON–The nation’s 5,116 commercial banks and savings institutions insured by the FDIC reported declines in income during the first quarter, driven in large part by increased provision expenses and goodwill impairment charges related to the coronavirus pandemic.
WASHINGTON—Fannie Mae and Freddie Mac have hired investment advisors as they seek to exit control of the federal government.
TROY, Ohio–The virtual environment to which so many meetings, events and forums have moved has a new addition—a virtual groundbreaking for a credit union branch.
SAN ANTONIO—SWBC has launched MPOWER+ Vehicle Return Protection, provided by EFG Companies.
WASHINGTON—Small Business Administration (SBA) Administrator Jovita Carranza is urging lenders participating in the Paycheck Protection Program (PPP) "to redouble [their] efforts to assist eligible borrowers in underserved and disadvantaged communities."