WASHINGTON–Eleven national consumer and civil-rights groups have submitted a comment letter to the Federal Deposit Insurance Corporation strongly opposing a proposal the groups said “risks green lighting triple-digit rent-a-bank schemes.”
Fresh Today
TWINSBURG, Ohio–One man here has been overwhelmed after receiving 55,000 duplicate statements in the mail, sent to his home by a student loan company.
FREEPORT, Maine– Credit union representatives from across Maine gathered here to celebrate Maine Credit Unions’ Campaign for Ending Hunger and to announce $832,332.62 was raised during 2019.
DAYTON, Ohio-The Dayton Dragons and Day Air Credit Union today have announced a 10-year partnership providing stadium naming rights through 2029.
LEWISTON, Idaho—Potlatch No. 1 Financial Credit Union has announced plans to open eight new branches over the next 14 months.
CHICAGO––Two more positions have been added to CUToday.info’s free job board, the Gig.
WASHINGTON—The Federal Reserve's fourth-quarter senior loan officer opinion survey revealed that banks entered the year expecting relatively stable loan demand and performance, despite some anxieties related to subprime consumer loans.
WASHINGTON—NAFCU and CUNA have joined with 36 organizations representing the financial services, real estate finance, housing, consumer affairs, and civil rights sectors in sending a letter to six agencies asking for a delay in their current review of certain provisions of the Credit Risk Retention Rule.
LONE TREE, Colo.–Canvas Credit Union has launched a “B.S. Free” campaign it says it designed to remind Coloradoans they can “eliminate financial jargon” from their interactions. In this case, the B.S. stands for “Bank Slang.”
WASHINGTON—CUNA has sent a letter supporting NCUA’s proposal to raise the residential appraisal threshold. CUNA originally requested the change to give credit unions parity with banks. Several credit union leagues around the country have also written to NCUA in support of the proposal.