WASHINGTON–Almost 30 military associations and veterans groups have sent a joint letter to Mick Mulvaney, acting director of the Bureau of Consumer Financial Protection, urging that he not weaken the 2006 Military Lending Act, arguing such a move would leave military members vulnerable to predatory lenders.
WEST SPRINGFIELD, Mass.–West Springfield FCU here said it is merging into Freedom Credit Union in Springfield, Mass.
SEOUL, South Korea—The Blockchain Law Society has launched in South Korea with a clear mandate to create a proper regulatory framework for the blockchain and associated cryptocurrencies.
SAN FRANCISCO—Mobile payment company Square announced it has lowered its chip card read time to just two seconds.
ARLINGTON, Va.—Credit unions have numerous questions around the new protections for members and cosigners with private student loans passed under the Economic Growth, Regulatory Relief, and Consumer Protection Act (S.2155)–especially those regarding borrowers who have designated an individual to act on their behalf.
WASHINGTON—The Internal Revenue Service has released guidance regarding certain Unrelated Business Income Tax (UBIT) in the Tax Cuts and Jobs Act of 2017 (TCJA).
OLYMPIA, Wash.–WSECU has introduced a suite of three new Visa credit cards it said were developed in response to a 2017 WSECU member needs survey.
MARIETTA, Ga.–LGE Community Credit Union here has entered into a sponsorship agreement with the Cherokee County School Board.
NEW YORK—GreenSky has announced a partnership with American Express to offer alternative payment solutions to merchants and consumers.
WASHINGTON–Most of the political attention given by credit unions this week will be on primary races in states.
