ALEXANDRIA, Va.—Credit unions are telling NCUA that it’s proposed revisions to its member business lending (MBL) regulations are much needed and well-written, but also believe the proposal could use some additions and adjustments, according to a sample of comment letters submitted to the agency.
Fresh Today
ALEXANDRIA, Va.—It isn’t just credit unions providing response to NCUA on its member business lending proposal.
ARLINGTON, Va.–NCUA has been told by the National Association of State Credit Union Supervisors that it should provide as soon as possible a “detailed explanation” justifying its refusal to submit the overhead transfer rate (OTR) to notice and comment rulemaking.
FAIRLESS HILLS, Penn.–A teller at a credit union here has been accused of making nearly a $10,000 withdrawal from her cash drawer.
GERMANTOWN, Penn.–The $295-million Mid-Atlantic FCU is rolling out a suite of offerings based on Rate Reset’s solutions.
SAN FRANCISCO—Digital wallets may be costing consumers rewards points.
HOUSTON–Saddened and stunned by the death of a young co-worker, colleagues at First Service Credit Union, along with other friends of Wendy Kwan, have created a non-profit foundation in her memory.
SOUTHFIELD, Mich.–Save to Win, the credit union-backed program that offers prizes to members who are regular savers, is adding another $5,000 to the central pool of prize money available in 2016.
BEIJING, China—Online lending in China is being dealt a serious blow as the country plans to tighten regulations governing the nation’s 270 online-payment firms, including Alibaba Group Holding Ltd.’s finance arm.
SAN ANTONIO–A new analysis suggests a strong correlation between active check-writing among consumers and “high-value financial relationships.”