HOUSTON—First Service Credit Union in Houston hosted a meet and greet with Rep. Wesley Hunt (R-TX) and around 40 credit union leaders from the Houston area this week.
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WASHINGTON—Two defendants in a lawsuit filed by the FTC who allegedly operated a business opportunity scheme known by several names, including Blueprint to Wealth, have agreed to settlements that include lifetime bans from pitching money-making and investment opportunities.
LONDON—Revolut, a fintech that offers a variety of banking services that include debit and credit cards, crypto and payments services, has succeeded in its long-term quest to gain a U.K. banking license.
WASHINGTON–The newest inflation numbers make an even stronger case that more than one rate cut could be coming in 2024, according to one credit union economist.
WASHINGTON—The CFPB ‘s proposal to exclude medical debt from credit reports should be issued as guidance instead, according to a letter submitted to the Bureau by America’s Credit Unions.
WASHINGTON—A financial marketplace that allows credit unions to grow and innovate through the responsible use of artificial intelligence (AI) is vital, America’s Credit Unions told the Treasury Department in a letter.
WASHINGTON–People in romantic partnerships and relationships are keeping financial secrets from each other, according to a new survey.
ELGIN, Ill. — Corporate America Family Credit Union (CAFCU) has named a new president and CEO. The $830-million CAFCU has tapped Stefanie Rupert to lead the organization, which has 20 branches, employs more 220 individuals, and serves more than 67,000 members nationwide.
COCHITI LAKE, N.M.–The Credit Union De Novo Collective Foundation has announced the establishment of the Louise Herring Fund. Named for the pioneering advocate for the credit union movement, the fund aims to support the creation and growth of new credit union charters across the United States, the organization said.
CFPB Issues Advisory Opinion on Contracts for Deed; Says Consumers Often Caught in ‘Series of Traps’
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has released an advisory opinion and research report on a form of home seller financing that is often referred to as contract for deed.