WASHINGTON—A new spring rulemaking agenda released by the CFPB could mean additional regulatory burden for CUs, CUNA cautions.
Fresh Today
WASHINGTON—Next week’s CFPB field hearing on payday lending is drawing the attention of NAFCU and CUNA, which will be watching to see if any credit union loans are included in a proposed rule expected to be introduced at the June 2 meeting.
PLANO, Texas—Confidence among credit union CEOs has rebounded a bit in Catalyst Corporate’s Credit Union CEO Confidence Index, which had decreased the final two quarters of 2015.
WASHINGTON—The CFPB and four federal financial regulatory agencies, including NCUA, have issued guidance providing supervisory expectations on how financial institutions should handle consumer deposit discrepancies.
WASHINGTON—NAFCU, CUNA, the ABA and four other financial trade groups are taking part in a one-week ad campaign, “Stop the Data Breaches,” to promote passage of HR 2205/S 961, the “Data Security Act.”
ALEXANDRIA, Va.—Credit unions will have three extra calendar days to file Call Reports for the second and third quarters of this year, NCUA announced Monday.
WASHINGTON—NAFCU and CUNA this week will follow the House National Resources Committee full committee markup on HR 5278 Tuesday, the Puerto Rico Oversight Management, and Economic Stability Act.
SARASOTA, Fla.–The $28-million Sarasota Municipal Employees Credit Union has named a new CEO. Named to the position is Arthur Hart, who will officially begin on June 13.
GRAND RAPIDS, Mich.–Xtend, a CUSO that provides a number of services to credit unions, said it has entered into a partnership with Austin, Texas-based Buzz Points to bring a creative new loyalty rewards program to the credit union customer-owners of Xtend.
COSTA MESA, Calif.—A new report shows that for the first quarter of 2016, credit conditions for small businesses have remained relatively stable, as delinquency and bankruptcy rates hold steady at low levels.