WASHINGTON–From the Irony Dept: Fannie Mae is being chastised for attempting to purchase more home than it can afford.
Fresh Today
WASHINGTON—CUNA plans to introduce a CU distributed shared ledger platform—or blockchain at its America's Credit Union Conference in Seattle next week.
WASHINGTON—NAFCU is urging House leaders to retain a handful of provisions that it has been seeking – some relating to the CFPB and the Federal Communications Commission’s Telephone Consumer Protection Act rules – in the text and accompanying report language for a fiscal 2017 spending bill slated for House action this week.
ISSAQUAH, Wash.–Costco’s switch from American Express cards to Visa has not gone smoothly, with social media filled with complaints about the new accounts.
WASHINGTON–The U.S. Office of the Inspector General reported it has begun an audit of the Federal Reserve's effectiveness when it comes to ensuring U.S. banks have robust information security policies, procedures and practices in place, including the ability to quickly detect and respond to data breaches.
HAUPPAUGE, N.Y.—GrooveCar has introduced the July Summer Road Trip, a promotion to help GrooveCar credit unions move indirect auto loans with their members.
WASHINGTON—While most attention on Federal Reserve Chair Janet Yellen’s congressional testimony has focused on whether the Fed will move on rates, members of the House Financial Services Committee also raised questions around the growing compliance burden, especially on smaller institutions.
BROOKFIELD, Wis.—Fiserv has launched a platform for the delivery of real-time alerts, enabling financial institutions to meet growing expectations among consumers and small businesses for information that is timely and actionable.
GLENWOOD HILLS, Mich. — Lake Michigan Credit Union announced that Anita Erickson has won the credit union’s fourth $25,000 Home Makeover Giveaway.
ALEXANDRIA, Va.—Eligible credit unions have less than a week remaining to apply for Community Development Revolving Loan Fund grant assistance through NCUA.