LAWRENCEVILLE, Ga.– Two Georgia credit unions have announced plans to merge.
Fresh Today
WASHINGTON—CUNA has sent a comment letter to the CFPB sharing concerns it has over the Bureau’s implementation of parts of the Fixing America’s Surface Transportation Act (FAST Act) amending the Gramm-Leach-Bliley Act (GLBA).
WASHINGTON–In a rare display of bipartisanship, the Senate has voted in favor legislation that would have the Federal Housing Administration (FHA) lighten up on its condo financing regulations and make low down payment FHA loans more available to the people they are supposed to serve — moderate-income buyers, many of them minorities and first-time purchasers, who turn to condominiums as their most affordable option.
The $1.3-billion Centra Credit Union has named Rick Silvers as its new CEO. Silvers most recently served as chief retail officer at $2.9-billion Teachers Credit Union, the state’s largest by assets and members. He spent two years at Teachers and previously held positions with Fifth Third Bank and Huntington Bank.
HAVRE, Mont.–A former employee of Bear Paw Credit Union here has been charged with stealing nearly $130,000 from the credit unions.
PURCHASE, N.Y. – MasterCard said it has entered into a definitive agreement to acquire 92.4% of VocaLink Holdings.
COSTA MESA, Calif.—A new report identifies five trends that businesses should assess and take action on to mitigate fraud and improve the customer and member experience.
WASHINGTON—The CFPB Friday proposed updates to its Know Before You Owe mortgage disclosure rule in an effort to formalize guidance in the rule, and provide greater clarity and certainty, the Bureau stated.
LANSING, Mich.– The Michigan Credit Union League has become the latest to join the class action lawsuit against the Wendy’s restaurant chain after the recent data breach that impacted more than 100 of its locations across Michigan.
ALEXANDRIA, Va.–NCUA has issued eight notices of prohibition to individuals who have been convicted of crimes of dishonesty and, as a result, are prohibited from participating in the affairs of any federally insured financial institution.