PORTLAND, Ore.–Saying it is seeking to better serve low- and middle-income members facing a financial emergency, Providence FCU has launched what it says is a simple, safe alternative to costly, higher-rate online lenders.
Fresh Today
WASHINGTON—The Federal Trade Commission and the New York Attorney General’s Office have sued a New York-based debt collection operation for tricking people into agreeing to pay more money than what they allegedly owed, according to defendants’ own business records.
TYSONS Va.–Pentagon Federal Credit Union has launched a Financial Education Resource Center it says provides consumers a robust, online learning experience with the latest in financial literacy tools and resources.
GLENDALE, Ariz.–Credit Union West said it has introduced a new real estate resource that gives members access to a free online service providing them a “significant competitive edge” when home shopping in one of the most competitive real estate markets in the country.
WASHINGTON—Last week’s jobs report – with 250,000 jobs gained in October – revealed above-average expectations with growth in major industries, which is good news for those seeking work but less of a blessing for those with variable-rate loans, according to one analysis.
STAMFORD, Conn.—Traditional financial institutions and insurance companies are facing extinction in the next decade due to increased digitization in the financial services sector, asserts a new forecast reveals.
POUGHKEEPSIE, N.Y.–Hudson Valley Federal Credit Union has agreed to pay $95,000 to resolve allegations it violated the Servicemembers Civil Relief Act.
WASHINGTON—The Federal Communications Commission (FCC) is being asked once again for more flexibility under the Telephone Consumer Protection Act (TCPA) to ensure credit unions can contact their members with important information without fear of violating the law.
ARLINGTON, Va.—Total vehicle sales increased for the second straight month in October, but sales of new vehicles are expected to trend down gradually due to multiple speed bumps.
ALBANY, N.Y.–A merger announced here has taken with it one of the great unique names in credit unions. Albany City Lodge Knights of Pythias 540 Credit Union has merged into CAP COM Federal.