WASHINGTON–A consumer group is accusing the trade association for the payday loan industry of fabricating some of the “personal” stories it has included in a press release it published that claimed the CFPB was ignoring “positive” stories from payday loan customers.
OMAHA, Neb. – Former NCUA Chairman Debbie Matz has been elected to the Mutual of Omaha Bank board of directors, according to the bank’s Chairman and CEO Jeff Schmid.
MISSISSAUGA, Canada—The battle between Walmart stores in Canada and Visa has escalated, with the retailer saying it will stop accepting Visa credit cards at its 16 stores in Manitoba in late October, USA Today reported.
WASHINGTON—CUNA is launching the next phase of its Strong Credit Unions, Strong Middle Class campaign as the 2016 election season enters the presidential and vice presidential debate season.
ARLINGTON, Va.—NAFCU has sent a letter to CFPB Director Richard Cordray supporting the Bureau’s decisions around third-party debt collectors, but also asking that future debt collector proposals recognize the unique structure of credit unions.
BIRMINGHAM, Ala. – EPL, Inc., a leading software development firm serving credit unions nationwide, reported it has finalized two deals to convert Onomea Federal Credit Union and St. Francis Federal Credit Union to its open core system, i-POWER.
OLYMPIA, Wash.—The Independent Community Bankers Association (ICBA) lawsuit challenging NCUA’s final rule related to MBLs has prompted the Washington Division of Credit Unions to temporarily suspended its member business loan rulemaking process, the division stated on its website.
GRAND RAPIDS, Mich.–CU*Answers has opened enrollment for the second year of its executive boot camp series. Enrollment is open to staff from credit unions within the cuasterisk.com network. The first two boot camps graduated 18 employees.
WASHINGTON—A new study from the American Bankers Association reveals that more than 50% of U.S. consumers have used a mobile device to check or manage their bank account at least once a month.
WASHINGTON—The operators of an alleged mortgage relief scam that preyed upon distressed homeowners have been banned from the mortgage loan modification and debt relief business under a court order obtained by the Federal Trade Commission.
