WASHINGTON—America’s Credit Unions has launched a digital ad campaign targeting key members of Congress in an effort to further defend the credit union tax status.
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LOS ANGELES—Taking a page from credit unions’ playbook, California Governor Gavin Newsom announced commitments from major lenders to provide firestorm survivors with mortgage relief.
WASHINGTON—During his recent confirmation hearing, Treasury Secretary nominee Scott Bessent called for less regulation on banks and criticized credit card companies, the ABA Banking Journal reported, noting Bessent did not take a stance on Trump's pledge to cap credit card interest rates at 10%.
WEST ROXBURY, Mass.—Two brothers have been indicted on federal charges for allegedly staging a robbery at an office of Energy Credit Union here where one of them previously worked as a teller, MSN.com reported.
MIAMI—How have consumers handled the holiday shopping season?
WASHINGTON—The Defense Credit Union Council and America’s Credit Unions each congratulated Kyle Hauptman on being named NCUA board chairman.
OCEANSIDE, Calif.—After setting a new annual record for credit union purchases of banks last year at 22, the industry begins 2025 with its first bank buy in the Golden State.
WASHINGTON—As expected, the new Administration moved quickly Monday following the inauguration of Donald Trump as the 47th president of the United States to name Kyle Hauptman chairman of the NCUA board.
WASHINGTON—After learning CUToday.info obtained a copy of a document being circulated among House Republican members that identifies the CU tax exemption as one of numerous ways the Trump Administration can find money to support the budget reconciliation bill, the Defense Credit Union Council quickly sent a letter to House leaders outlining why the CU tax status should not be changed.
WASHINGTON—The Consumer Financial Protection Bureau has taken action against Equifax for its failure to conduct proper investigations of consumer disputes, the Bureau announced.