MOHEGAN LAKE, N.Y.–Hudson River Financial FCU has chosen Credit Union Student Choice, a provider of higher education financing solutions, to use its Undergraduate and Private Student Consolidation loan products.
Fresh Today
MADISON, Wis.–Eight credit unions were winners in the 11th annual CUNA Operations, Sales & Service (OpSS) Council’s Excellence Awards, which recognizes innovative solutions optimizing credit union performance.
BUFORD, Ga.—Even prison is not stopping some identity thieves from committing their crimes.
VERNON, British Columbia—Here’s yet another security issue for credit unions to think about: one thief found that the best way to break into a drive-through ATM was from inside the credit union.
WASHINGTON –Legislation that would create a hold-harmless period in the Truth in Lending Act-Real Estate Settlement Procedures Act integrated disclosure (TRID) rule through Feb. 1, 2016 passed the House yesterday. The White House, however, continues to threaten to veto the bill.
WASHINGTON—The CFPB announced it is considering proposing rules that would ban consumer financial companies from using “free pass” arbitration clauses to block consumers from suing in groups to obtain relief.
ARLINGTON, Va.–NAFCU said it is supportive of the CFPB’s intent regarding its outline of potential rulemaking ideas on arbitration clauses, but it is concerned any new proposals will become yet another regulatory burden on credit unions.
WASHINGTON–The EMV liability shift deadline may have come and gone as of Oct. 1, but the National Retail Federation told Congress that the new chip-and-signature credit cards without a PIN will not stop data breaches and that small businesses should not be pressured to install the equipment to accept them at the expense of more effective technology.
IRVINE, Calif.—It’s no surprise to credit unions that are mortgage lenders, but home prices continue their upward path—and will continue to do so but not at the same pace, according to one forecast.
WASHINGTON–The Supreme Court this week will hear arguments in the case of Hawkins vs. Community Bank of Raymore, a financial services case that addresses whether spouses can be included as guarantors on loans under the Equal Credit Opportunity Act.