WASHINGTON—A proposal that could affect credit unions was the subject of several recommendations. Related to the CFPB’s Fair Credit Reporting Act proposal during a Small Business Regulatory Enforcement Act.
Fresh Today
SANTA CLARA Calif.–Two new CEO positions for which credit unions are seeking candidates have been added to CUToday.info’s free job board, The Gig. Those are in addition to another CEO position that was also added within the last week.
WASHINGTON—Card delinquencies and charge-offs do more than just offer evidence of the struggles many are having, they can also be a harbinger of spending slowdowns in the future, according to new payments.
COLUMBIA, S.C.—Saying they are seeking to head off a “potential threat” to liberty, some of South Carolina’s state legislators are pushing for the prohibition of central bank digital currencies (CBDCs) within the state.
LONDON—HSBC Bank has launched Zing, a new international payments app.
LOVELAND, Ohio–Looking to make plans to attend a meeting or educational event in 2024? CUToday.info’s 2024 Meeting & Events calendar has been largely updated, including with the newly announced schedule of events from America’s Credit Unions, the trade association being created by the merger of CUNA and NAFCU.
WASHINGTON–Ten senators have signed on to two separate letters sent to the leaders of the Department of Housing and Urban Development and the CFPB asking that they “thoroughly review” mortgage lending practices at Navy Federal Credit Union.
FARGO, N.D.–North Dakota credit unions will be receiving more than $11.9 million in recovered assets that had previously been denied by NCUA, according to the terms of a settlement of a lawsuit.
WASHINGTON—Legislation that would increase federal credit union loan maturity limits has again been introduced in Congress. The bill would allow federal credit unions to make loans with maturities up to 20 years from the current limit of 15 years.
WASHINGTON—Concerns over a Department of Labor proposal has led to concerns over an “unfair burden” on credit unions, according to America’s Credit Unions.