WASHINGTON—The CFPB’s recent proposal to ban contract clauses that strip away “fundamental freedoms” could mean more red tape for credit unions, one attorney contends.
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ALEXANDRIA, Va.—New NCUA data show a dependence among some credit unions on overdraft fees, and NCUA Board Member Todd Harper is advising that if a credit union needs to change its OD course, it should begin its planning now.
ALTADENA, Calif.—Royce Ngiam recalls looking out the windows of First City CU’s main office here and seeing an “ominous” sight—a fire creeping up over a nearby hillside, moving toward the credit union’s building.
WASHINGTON—The credit union tax break is now “on the menu” of items being considered to support the budget reconciliation bill, and analysts are saying that requires the industry to do even more this year to protect the movement’s tax-exempt status.
OCEANSIDE, Calif.—After setting a new annual record for credit union purchases of banks last year at 22, the industry begins 2025 with its first bank buy in the Golden State.
MADISON, Wis.—Just like AWS predictive analytics help National Football League teams make better decisions during a game, CUES believes the same is true for shaping the direction and effectiveness of credit union talent development.
WASHINGTON—CUToday.info has obtained a copy of a document being circulated among House Republican members that identifies numerous ways the Trump Administration can find money to support the budget reconciliation bill—and the credit union tax exemption is on the paper.
ALEXANDRIA, Va.—It’s time for credit unions to “rethink” their overdraft and non-sufficient funds programs, NCUA is saying after releasing a new analysis of CUs’ OD and NSF offerings.
AUSTIN, Texas—Navy FCU’s problems continue. This time the $181-billion credit union is under legal fire from a small bank that alleges NFCU’s "lax" policies regarding the creation of business accounts have allowed criminals to commit check fraud through the CU.
PHILADELPHIA—Data show credit unions encounter consumer loan fraud at a much greater rate than other lenders, one expert is pointing out.