WASHINGTON—The CFPB has issued an interpretive rule to clarify that government benefits under the Electronic Fund Transfer Act (EFTA) and Regulation E do not include assistance or economic impact payments related to the coronavirus pandemic.
Fresh Today
MADISON, Wis.–Two major summer conferences for credit unions have now been cancelled due to the coronavirus pandemic.
WASHINGTON—A coalition of 10 trade groups, including NAFCU, is urging CFPB Director Kathy Kraninger to delay the Bureau's rulemaking on the definition of qualified mortgage (QM) in the wake of the ongoing coronavirus pandemic.
FRANKFORT, Ky.–Credit unions across the country continue to introduce various ways to help members during the coronavirus pandemic. CUToday.info has a complete compilation of some of the things CUs are doing for their members and communities here
BOULDER, Colo.–One small business owner who was recently awarded funds as part of the Paycheck Protection Program is calling the loans “legalized fraud.”
WATERLOO, Iowa–Monte Berg, president and CEO of Veridian Credit Union here, has announced his plans to retire. Selected to succeed Berg in leading the organization is Renee Christoffer, who is currently chief administration officer.
HARRISBURG, Penn.–PSECU is underwriting the $10,000 prize that will be awarded today as part of the Pennsylvania State System of Higher Education State System Startup Challenge.
WASHINGTON–Millions of homeowners have taken advantage of new government rules enabling them to reduce or delay their mortgage payments, according to new data from the Mortgage Bankers Association.
GAINESVILLE, Fla.–A number of vendors and solutions-providers to credit unions have announced special deals as the coronavirus pandemic continues.
MOUNTAIN VIEW, Calif.–A sneak peek at what the new “Google Pay Card” might look like has been revealed.