WASHINGTON–With the Senate having passed its FY 2018 budget resolution, eyes are now on the House as it seeks to pass similar legislation, as there is always the risk with fast-moving bills that credit unions could find themselves being dragged in.
Fresh Today
WASHINGTON—Rick Stafford, president and CEO of Tower Federal Credit Union, Laurel, Md., will testify on NAFCU's behalf Wednesday delivering the credit union perspective on housing finance reform during a hearing held by a House Financial Services subcommittee.
CHICAGO — Credit Union Student Choice, a provider of higher education financing solutions to America’s credit unions, hosted its third annual Empower U Summit here.
ARLINGTON, Va.—Existing home sales increased 0.7% in September to a seasonally adjusted annual rate of 5.39 million.
WASHINGTON–Mortgage rates declined slightly last week following increases over two consecutive weeks, with new data showing refinancings were a significant part of mortgage activity.
WASHINGTON—The Federal Trade Commission, along with 11 states and the District of Columbia, announced “Operation Game of Loans,” the first coordinated federal-state law enforcement initiative targeting deceptive student loan debt relief scams.
PURCHASE, N.Y.—Mastercard announced that it will be opening up access to its blockchain technology via its API published on Mastercard Developers.
EUREKA, Calif.–Coast Central Credit Union has named a new CEO. The $1.3-billion CU said James T. Sessa will now lead the organization.
SANTA ROSA, Calif.–A fund established by Redwood Credit Union and other partners to help victims of the wildfires in the North Bay has now exceeded $10 million, with donations from more than 17,000 donors.
NAPERVILLE, Ill.–The Illinois Credit Union League has become the latest state-level CU association to join the Equifax class action lawsuit as a party plaintiff. CUNA has also filed suit against Equifax over its data breach.