WASHINGTON–While much of the focus will be on testimony from one CU CEO before Congress this week, credit unions are paying attention to a number of other matters in the capital, as well.
Fresh Today
WASHINGTON–Thirty-one Democratic senators and one independent senator have sent a letter to CFPB acting director Mick Mulvaney asking if reports are true that the agency has stopped its investigation of Equifax over its massive data breach.
ARLINGTON, Va.–NCUA examiners have been conducting website exams as part of recent examinations, according to reports received by NAFCU.
WASHINGTON—Presidents of multiple Federal Reserve Banks last week responded to the recent stock market fluctuations and gave their expectations for the Fed's monetary policy going forward. Although inflation remains lower than some would like, many believe strong labor markets indicate a March rate hike, one analyst reports.
BARTLESVILLE, Okla.–Truity Credit Union has named a new president and CEO. The $776-million Truity has selected Dennis Halpin to lead the organization, effective upon current CEO Kelly Diven’s retirement at the end of 2018.
AUSTIN, Texas–FirstClose, a provider of technology solutions for mortgage lenders, has announced a new API as part of its partnership with CRIF Lending Solutions.
WASHINGTON—CUNA and NAFCU say they support easy access to credit scores, but told the Consumer Financial Protection Bureau in separate letters that it may not be feasible for all institutions to offer such scores free of charge.
GRAND RAPIDS, Mich.–Participants of CU*Answers’ Data Boot Camp benefited from an early look at several data management projects at the company, according to the CUSO.
ALBANY, N.Y.—The New York State Department of Financial Services (DFS) has established new cryptocurrency fraud guidelines.
PURCHASE, N.Y.—Another CU is feeling the negative effects of taxi medallion loan participations.