TAMPA, Fla.— Trellance has restructured, the company reported.
Fresh Today
RICHMOND, Va.—At the same time legislators in Washington are proposing a 10% cap on credit card interest, the State of Virginia is now considering legislation designed to limit the interest charged on consumer credit.
MARION, Ind.—The $577-million Via Credit Union here may have suffered a data breach.
WASHINGTON—Republican lawmakers on the House Financial Services Committee have proposed five recommendations to the FDIC aimed at clarifying digital asset regulations and addressing alleged debanking. Their suggestions include removing reputational risk as a supervisory factor and requiring all supervisory guidance to undergo external, periodic review, the ABA Banking Journal reported.
CHICAGO—It appears that the Tooth Fairy is immune to inflation—as new data show payouts for lost teeth have dropped 14% in the past year.
NEW YORK—Two recent consumer trends indicate borrowers’ ability to make payments is getting stretched.
WASHINGTON — Will a Trump Administration directive issued Wednesday lead to large-scale reductions in staff at NCUA?
BATON ROUGE, La.—The $725-million Pelican State Credit Union has promoted Melissa Ott to president.
WASHINGTON—Credit unions are a vital financial engine for people, small businesses, and communities, America’s Credit Unions wrote to Mark Calabria, associate director of the Office of Management and Budget (OMB).
WASHINGTON—The top Democrat on the Senate Banking Committee doesn’t appear to share the banking industry’s concerns about the credit union movement’s tax exemption, Punchbowl News reported.