WASHINGTON—The CFPB is expected to release its proposal on debt collection in conjunction with a July 28 field hearing in Sacramento, Calif., reported CUNA, which noted that the trade association has met with the bureau several times to address the forthcoming rulemaking.
Fresh Today
BELFAST, Ireland–A man who went from doing time in prison for alleged acts of terror in Northern Ireland to renouncing violence and helping lead historic peace talks shared with credit unions the lessons he has learned—and offered thoughts on what might be ahead.
BELFAST, Northern Ireland–If core values are a competitive strength, then Ireland’s credit unions should be among the world’s high-performers, as there are few countries where the principals of credit unions are so highly valued.
BELFAST, Northern Ireland–One credit union has gone to great lengths to get its members personally invested in its brand.
BIRMINGHAM, Ala.–EPL, the software development firm that serves credit unions nationwide, said that Wayne Benson has resigned as chief executive officer of EPL, Inc., effective August 5, 2016.
MUSKEGO, Wis. – InterLutions, Corporate Central Credit Union’s wholly owned CUSO, has launched a national advertising campaign to promote its new collaborative credit union healthcare solution, called I-Care.
OLYMPIA, Wash.—The $2.6-million Tulip Cooperative CU here announced that it plans to merge with the $1.1-billion Harborstone CU, based in Lakewood, Wash. The merger is expected to be completed by Sept. 1, pending approval from state regulators and NCUA.
DES MOINES, Iowa—Linda Lee Clark, a former bookkeeper for SCICAP CU, has admitted to embezzling nearly $2.5 million from the CU for more than 37 years.
CHICAGO/MILL VALLEY, Calif.– The Mortgage Partnership Finance (MPF) Program and Redwood Trust, Inc. have announced increased loan limits on mortgage loans for the MPF Direct product, which will become effective during the third quarter of 2016.
OVERLAND PARK, Kan. — CU Capital Market Solutions, LLC has announced the asset purchase of CNBS, LLC. The 25-year-old CNBS originated as a CUSO of U.S. Central Credit Union in the late 1980’s, primarily to provide brokerage services to credit unions.
