WASHINGTON—It’s not a good time for credit unions and banks to be bickering, asserts one legislator who says that type of disagreement could get squarely in the way of regulatory relief.
Fresh Today
WASHINGTON–More than 20,000 middle and high school students here will now have access to financial literacy materials, thanks to a donation made by CUNA and the National Credit Union Foundation.
WASHINGTON–The TRID Improvement Act of 2018 (H.R. 5078) has passed in the House with a 53-5 vote. Amendments under the bill include clarifications to the Real Estate Settlement Procedures Act, requiring the Consumer Financial Protection Bureau to allow the accurate disclosure of title insurance premiums and any potential available discounts to homebuyers.
ST. PETERSBURG, Fla.—PSCU acquired CU Recovery and The Loan Service Center in a move to expand the CUSO’s ability to service its credit unions with a comprehensive collections offering. Both businesses have existed for more than three decades.
ARLINGTON, Va.—New home sales decreased 7.8% in January – representing a 1% decrease from sales a year ago.
NEW YORK—One-in-five Americans say they have more credit card debt than emergency savings, according to a new study.
WASHINGTON—The Defense Credit Union Council has released as part of its rebranding campaign a motion graphic video “bringing to life the value of DCUC and Defense Credit Unions as they serve those who serve our country.”
NEW YORK CITY – Saying it is part of its continued effort to empower youth throughout the New York area, Municipal Credit Union (MCU) partnered with the New York Jets to present a donation of $200,000 to the New York City Department of Education (DOE).
KANSAS CITY, Mo.–A man has pleaded guilty to robbing a credit union here after being given away in part by Susan B. Anthony–or 68 commemorative Susan B. Anthony coins to be exact.
NEW YORK—Goldman Sachs may soon join the credit card business. The banking and investment firm has acquired Final, a credit card startup.