HOBOKEN, N.J.–The enormous debt held by many recent college grads has been well-reported, but the amount owed isn’t all due to education—more than half of student borrowers say they will use the funds to help pay for a Spring Break trip.
Fresh Today
SAN FRANCISCO—A federal appeals court has rejected California Pacific Bank’s challenge to the U.S. Bank Secrecy Act as unconstitutionally vague, saying a government manual clarifying the act is detailed enough to inform banks of required conduct.
TACOMA, Wash.–CU Strategic Planning has sent a letter to members of the House Subcommittee on Financial Services and General Government Appropriations urging Congress to restore full funding to the Community Development Financial Institutions Fund.
SAN JUAN, P.R.–Puerto Rico’s credit unions are participating in a program that helps residents finance solar power kits that have grown increasingly popular as the island struggles to regain power months after back-to-back hurricanes devastated the power grid in 2017.
WASHINGTON—House and Senate lawmakers have advanced two bills that would expand the Department of Homeland Security‘s cybersecurity mission.
SAN FRANCISCO–Credit unions are “under siege” when it comes to being sued over alleged violations by their websites of the Americans With Disabilities Act.
SAN FRANCISCO–From one-person departments in rural areas to billion-dollar CUs serving high-profile sponsors, business development specialists shared how they are approaching their jobs and overcoming the roadblocks they encounter.
ALEXANDRIA, Va.—Federally insured credit unions across the country saw continued loan growth in the fourth quarter, according to state-level data compiled by NCUA, which also show that Oregon is leading the nation in median loan growth.
WASHINGTON—The latest jobs report – with 313,000 jobs gained in February – is still likely to keep the Federal Reserve on track to raise interest rates later this month, said NAFCU Chief Economist and Vice President of Research Curt Long.
MCLEAN, Va.—The NAACP has filed a lawsuit in federal court against Capital One Bank for the manner in which it has been closing branches.