PASADENA, Calif.–The Department of Housing and Urban Development said allegations against Wescom Credit Union that it denied a mortgage application because the wife was on maternity leave have been resolved.
Fresh Today
DES MOINES, Iowa– JoAnn Johnson, the former chairman of NCUA who is now superintendent of the Iowa Division of Credit Unions, announced she will be retiring effective May 30.
LOS ANGELES—The credit union perspective was highlighted during a Consumer Financial Protection Bureau field hearing here on small business lending.
MERRILL, Wis. – Park City Credit Union plans to start construction on a new 26,000-square-foot headquarters at the southeast corner of Highway 64 and Pine Ridge Ave. here.
ST. PAUL, Minn. – Affinity Plus Federal Credit Union reported it has resumed making construction loans at its 28 branches.
SYDNEY, Australia–Australian credit unions have launched a new charitable foundation to provide assistance to struggling communities in Australia and Asia.
LOS ANGELES–A new fintech called Dave, which includes billionaire Mark Cuban among its investors, is targeting what it calls “ridiculous overdraft penalties” by making loans of up to $250 with no interest until the borrower’s next payday.
MINNEAPOLIS, Minn.—Credit unions playing in the credit card rewards space just got some big, new competition.
PURCHASE, N.Y.—Mastercard has announced the completion of its acquisition of Vocalink, a leader in bank account-based payments.
TEL AVIV, Israel—By 2019, more than 60% of online retail sales will be made via mobile devices, according to a new report from Riskified.