ALBANY, N.Y.–In the midst of all the other challenges credit unions are dealing with, New York’s new data privacy law went into effect over the weekend.
Fresh Today
WASHINGTON—Commercial share accounts at credit unions grew by 16.6% during 2019 to $40.8 billion, reported Keith Leggett, the former senior vice president and senior economist at the ABA.
WASHINGTON—NAFCU's Carrie Hunt is urging the CFPB to modernize electronic disclosure and signature-related provisions of all its regulations and outlined proposed legislative amendments to the Electronic Signatures in Global and National Commerce Act (E-Sign Act) to provide relief to credit unions and their members amid the coronavirus pandemic.
WASHINGTON–In response to the coronavirus outbreak, the National Credit Union Foundation is introducing DE Collaboration Sessions for its Development Education program that will be conducted online.
ONTARIO, Calif.–CU Direct will host a webcast on economic and lending trends on March 31.
WASHINGTON–The type and number of checks from the federal government many CU members may soon be looking to cash at their credit unions is coming closer into focus.
WASHINGTON–The potential risk to credit unions from a flood of checks being sent to most Americans is among the issues being raised by CUNA with members of Congress. Separately, CU regulators from five different continents participated in a discussion about responses to the coronavirus threat.
ALBANY, N.Y.–New York Governor Andrew Cuomo has announced some of the most sweeping moves of any state aimed at easing financial hardships being caused by the coronavirus, including a plan that would suspend mortgage payments and the collection of student and medical debt for certain borrowers as well as waive fees for ATMs, credit cards and overdrafts.
WASHINGTON–One of the biggest and highest-profile events hosted by credit unions in the country has been called due to the coronavirus.
ALEXANDRIA, Va.–The NCUA board held a closed board meeting on Thursday on which there were two items on the agenda. The agency did not hold its standard open board meeting.