WASHINGTON–The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced that it will be conducting a “national listening tour to solicit public opinion regarding a new strategic framework for the CDFI Fund.”
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MADISON, Wis. –CUNA Mutual Group has launched a new mortgage payment protection product for credit unions and members that covers mortgage payments in the event of a borrower’s death, disability or involuntary unemployment.
ARLINGTON, Va.–The “overhead transfer rate,” the percentage of funds that the National Credit Union Administration annually transfers to its operating budget from the National Credit Union Share Insurance Fund to cover expenses of the agency, is subject to notice and comment requirements under federal law, according to a legal analysis released by the National Association of State Credit Union Supervisors.
WASHINGTON—The U.S. Postal Service is continuing to explore opportunities in providing financial services, especially in underserved communities, with proposals that build on services it already offers, partnerships with banks and credit unions, or a full-fledged “post bank.”
WASHINGTON–Sen. Chuck Schumer (D-NY) has asked the three major credit agencies, Equifax, Experian and Transunion, to establish voluntarily credit inquiry alerts that would immediately notify consumers when their credit records were requested.
WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has released its latest supervision report outlining the illegal practices uncovered by the Bureau’s examiners in the first four months of 2015.
HONOLULU, Hawaii–Hawaii’s credit unions are acting in concert in response to a ban on plastic shopping bags in the islands.
ALEXANDRIA, Va.– NCUA has released its 2014 Annual Report, which highlights the agency’s activities, policy initiatives and accomplishments for the year.
WASHINGTON–The personal data of an estimated 18 million current, former and prospective employees of the federal government were affected by the cyber breach at the Office of Personnel Management, which is four times the initial 4.2-million individuals who were thought to be affected, the OPM is now reporting.
HARTFORD, Conn.–Connecticut Governor Dannel P. Malloy has signed a bill that allows Connecticut parents and guardians to freeze their child's credit.