MADISON, Wis.–Following an 18-month test of five different types of financial products aimed specifically at meeting the needs of minority households over the past 18 months, the Filene Research Institute has released a new report on its “Reaching Minority Households Incubator.”
WASHINGTON—The Bureau of Consumer Financial Protection is being asked to expand its payday lending rule exemptions at the same time NCUA is considering proposed rulemaking to enhance its payday alternative loans (PALs) program.
WASHINGTON—The Federal Reserve's second-quarter senior loan officer survey showed that banks reported less of a demand for auto, credit card and most categories of residential real estate loans overall, but a stronger demand for commercial and industrial loans by small firms.
ALBANY, N.Y.—The New York State Department of Financial Services (DFS) said it is opposed to the U.S. Department of Treasury’s endorsement of regulatory “sandboxes” for fintech companies that essentially allow fintechs to receive special bank charters.
BRIARWOOD, N.Y.–NCUA has turned to an infrequently filed authority to file administrative charges against Alan S. Kaufman, former CEO, treasurer, and board member of Melrose Credit Union.
TIFFIN, Ohio–Your Legacy FCU here has selected the Portico core account processing platform from Fiserv.
YONKERS, N.Y.– Consumer Reports has released the results of tests it conducted on five mobile P2P services to see how they stacked up for user protections.
WASHINGTON—Two House Financial Services Subcommittee chairmen – Blaine Luetkemeyer (R-Mo) and Andy Barr (R-KY) – have been added to NAFCU's list of speakers for this year's Congressional Caucus, Sept. 11-14 in Washington.
WASHINGTON—There are several upcoming regulatory changes credit unions should be aware of, noted NAFCU.
NASHVILLE, Tenn.–Betty Hobbs, who was well-known to many in credit unions during her career as a credit union CEO in Tennessee, has died.
