NEW YORK—The nation’s biggest banks closed 222 branches in the first two months of 2024, according to a new report that also cites the growth of credit union branches.
Fresh Today
WASHINGTON–Although they are facing layoffs, the employees of America’s Credit Unions who were on hand at the convention center last week for the group’s Governmental Affairs Conference were told to stick to the “talking points” they had been given about the merger between the former CUNA and NAFCU.
WASHINGTON–The Consumer Financial Protection Bureau is seeking consumer input on how fees have affected them in obtaining a mortgage.
WASHINGTON—The unintended consequences to credit unions from “junk fee” legislation continues to concern America’s Credit Unions.
WASHINGTON—Financial institutions across the United States will likely be watching a hearing this week that examines the CFPB’s proposed credit card late fee rule.
INDEPENDENCE, Ohio–Century FCU has named a new president and CEO to replace the retiring Sharon Churchill.
SNELLVILLE, GA – The African-American Credit Union Coalition (AACUC) has announced what it is calling a “groundbreaking investment program”—the Future Fund.
WASHINGTON– Inclusiv and the Cornerstone Credit Union League reported they have entered into a Memorandum of Understanding (MOU) to integrate the Cornerstone Juntos Avanzamos program into the national Juntos Avanzamos program led by Inclusiv.
WASHINGTON–Treasury has named Pravina Raghavan as the new director of the CDFI Fund.
WASHINGTON—With Congress and state legislatures either considering or passing laws related to the creation of a central bank digital currency, Federal Reserve Chairman Jerome Powell told the Senate the U.S. is “nowhere near” CBDC development.