WASHINGTON—CUNA last week sent three letters to Washington addressing concerns over the Department of Labor’s (DoL) changes to the Fair Labor Standards Act (FLSA), Federal Housing Finance Agency (FHFA) adjustments to the Uniform Residential Loan Application and the impact of “over-regulation” on CUs, respectively.
EAST LANSING, Mich.—MSU Federal Credit Union has introduced Saving Draggy, a financial literacy mobile app game for children ages 5-8. By engaging in a quest to save a baby dragon, children increase their cognition and understanding of basic financial concepts, the credit union said.
DETROIT–From the main stage at the Michigan Credit Union League and CU Solutions Group’s Annual Convention & Exposition, Gov. Rick Snyder signed into law the first comprehensive update to the Michigan Credit Union Act in 13 years.
ALEXANDRIA, Va.– More than half of federally insured credit unions in every state reported growth in loan balances over the year ending in the first quarter of 2016, according to state-level data compiled NCUA.
NEW YORK—Which Americans have the highest levels of credit card debt?
WASHINGTON–Mortgage applications jumped 9.3% last week over the previous week, according to the Mortgage Bankers Association.
BEAVERCREEK, Ohio–Wright-Patt Credit Union here has found itself caught up in some of the negative reaction to and publicity around the Stanford University student who was convicted of rape and then given a light sentence.
ARLINGTON, Va.—NAFCU has reiterated its concerns that the Department of Labor’s Overtime Rule will add to credit unions’ regulatory burden and limit their ability to serve their communities.
ONTARIO, Calif. – Noting that growing indirect relationships is essential to credit unions’ success, and with the goal to increase product penetration, CU Direct said the new CUDL Engage offers a simple solution to grow indirect relationships.
LOS ANGELES–The U.S. District Court for the Central District of California has denied a motion for preliminary approval of a class action settlement in a lawsuit against Navy Federal Credit Union over an alleged breach of the Telephone Consumer Protection Act.
