WASHINGTON—At the end of 2016 some 1,118 credit unions reported a loss, a new report indicates.
Fresh Today
WASHINGTON—House Financial Services Chairman Jeb Hensarling (R-TX) said he is confident Congress will take action this year to reform Dodd-Frank.
WASHINGTON–The Consumer Financial Protection Bureau has assessed a $3-million civil penalty against Experian and its subsidiaries for deceiving consumers about the use of credit scores it sold to consumers.
WASHINGTON–OAS Staff Federal Credit Union here is converting to EPL’s open-core system, i-POWER.
WASHINGTON—NAFCU is asking the Defense Department for an immediate extension of the credit card account compliance deadline under the Military Lending Act rule.
TRENTON, N.J. – Gov. Chris Christie has signed legislation that regulates the use of remote ignition disabling or “Kill-Switch” devices used by auto lenders and dealers to enforce payments.
WASHINGTON–The average down payments by first-time homebuyers continues to decline.
PORTLAND, Ore.—A provisional patent has been granted for a technology that supports a new cryptocurrency.
GRAND RAPIDS, Mich.–CU*Answers is reporting the Mobile RDC partnership it formed with eDOC Innovations has resulted in 11 new clients during February 2017.
ST. CHARLES, Mo.–1st Financial FCU here is relocating a branch. Ground has been broken on the new branch, which features a “branded environment inspired by the 1st Financial member base and their heritage in the St. Charles community.”