WASHINGTON—Both NAFCU and CUNA expressed disappointment following CFPB Director Richard Cordray’s comments to the House Financial Services Committee yesterday, suggesting that the CFPB continues to fail to recognize the impact Bureau regulations are having on credit unions and is not doing enough to provide CUs with reg relief.
Fresh Today
CHICAGO–Ready to put your credit union’s analytics capabilities to their most effective use by filling out your NCAA basketball tournament bracket?
CINCINNATI—It’s March Madness, which can only mean match-ups such as the “Dodge with too many miles on it” vs. “the stolen car.”
ALEXANDRIA, Va. – Photos, charts, information graphics and other imagery from the National Credit Union Administration are now available on the agency’s official Flickr account, launched today.
RICHLAND, Wash.–The $1.3-billion HAPO Community Credit Union here has grown its credit card outstandings by $18-million following several credit card balance transfer campaigns that were coordinated by PSCU’s Advisors Plus.
WASHINGTON–CUNA ran a full-page ad in the Washington publication Politico yesterday to thank the more than 300 members of Congress who have signed a letter calling on the CFPB to exempt credit unions from its rulemaking.
MADISON, Wis.–The Wisconsin Senate has passed legislation that will streamline, clarify and make more transparent the regulations affecting the state’s 150 state-chartered credit unions, according to the Wisconsin CU League.
WASHINGTON—CUNA said it is continuing its broad advocacy efforts to secure “substantive compliance guidance” for credit unions regarding changes to the Military Lending Act (MLA).
NEW YORK—Consumer credit default rates continued to hold steady in February according to the latest data from Experian.
ALEXANDRIA, Va.—NCUA is hosting a webinar to help credit unions learn more about promoting financial literacy, financial inclusion and financial capability.