WASHINGTON – CUNA filed an amicus brief Thursday in the U.S. Court of Appeals for the Eleventh Circuit, in a case the trade group says raises many of the policy issues surrounding credit card interchange fees.
Fresh Today
NEW YORK—In a move that bucks the general trend of lowering card rates, American Express recently increased interest rates on some of its credit card accounts by an average of 2.5 percentage points, the company stated.
AUSTIN, Texas—A new study shows the majority of consumers prefer to bank locally at a community FI, but not many are willing to switch due to concerns over limited products and services.
MADISON, Wis.—Behind strong operating results, CUNA Mutual Group posted its fourth consecutive year of earnings growth in 2014.
NEW YORK—JPMorgan Chase has agreed to a $50.4-million settlement with the Justice Department acknowledging it used robo-signing for documents that were sent to homeowners in bankruptcy, and for other abuses.
ALEXANDRIA, Va.—NCUA is offering a free webinar, March 25, to assist CUs seeking to expand membership and improve service to underserved communities.
LAWRENCEVILLE, Ga.—A new report indicates that Americans prefer trucks more than they do luxury cars, as pickups continue to hold their used value better than any other vehicle class.
RALEIGH, N.C. – Officials from the State Employees’ Credit Union Foundation and Habitat for Humanity of North Carolina (HHNC) have signed a formal memorandum of agreement to provide an investment of $10 million over a three-year period for HHNC to build one new or renovated Habitat home in each of the state’s 100 counties.
GRAND RAPIDS, Mich.— Lake Michigan Credit Union has launched its third $25,000 Home Makeover Giveaway, featuring LMCU spokesperson, “lifestyle expert” Carter Oosterhouse.
WASHINGTON—Legislation has been introduced in Congress that calls for changing the leadership structure of the Consumer Financial Protection Bureau from a single director to a five-person board.